Search This Blog

Saturday, May 31, 2014

Regulating Carbon Dioxide

Earlier today, president Obama discussed the new regulations governing emissions of carbon dioxide from power plants.  Obama actually said one reason that the regulations are needed is that there currently are no regulations of any sort that govern the amount of carbon dioxide that can come from power plants.  That's all.  To Obama, if there is an area of life that is not regulated by the government, that is reason enough to enact regulations to cover it.

Obama acts as if there is a crisis with regard to carbon dioxide that has to be dealt with swiftly.  That is simply not true.  Back at the end of the 1990's many nations around the world adopted the Kyoto Protocols which called for a 17% reduction in emissions of carbon dioxide over 15 years.  America did not approve that treaty.  Nevertheless, do you know which is the only large country to actually meet the 17% goal for reduction of carbon dioxide?  That's right; it is the USA.  While we have been cutting our emissions, other nations have been increasing theirs.  For example, the Chinese emissions have increased to the point where China is now the largest producer of carbon dioxide in the world.  Further, the full reduction here in the USA over the last 15 years is only about one-quarter the amount of the increase in emissions in China.  Does it make sense for America to hobble its economy to further reduce carbon dioxide emissions if that reduction will have no effect at all on the world climate even under the models used by the climate change advocates?  Of course not.  First of all, the actual evidence indicates that there is no meaningful connection between increasing carbon dioxide and world climate.  Second, even if there were such a link (which there is not), the regulations proposed by Obama will not make a real difference in carbon dioxide levels.  All that these regulations will do is to make electric energy more expensive, destroy the coal industry, kill at least half a million jobs and make it harder for the average American to make ends meet.  Oh, I forgot the most important part (at least for Obama).  These regulations will also make happy the extreme environmentalists who hate all sorts of industry and fossil fuels.  Since this group is part of the core of the Democrat party, Obama is hoping that the move will help at the polls.  Once again, Obama is flushing the country down the toilet in the hope of political gain for his party.



No comments: