McCain Drops Cap and Trade?

globalwarming.org ^ | July 10, 2008 | Lawrence Kudlow

[Need4Truth]

After writing favorably about Sen. McCain’s recent economics speeches, where he clearly shifted toward the supply-side both on tax cuts and producing more energy, I went back last evening and carefully read his 15-page policy pamphlet called “Jobs for America.” Here’s what I found: There is no mention of cap-and-trade. None. Nada. There is a section about “Cheap, Clean, Secure Energy for America: The Lexington Project.” But that talks about expanded domestic production of oil and gas, as well as the need for more nuclear power and coal along with alternative sources. Then it has the $300 million battery and flex-fuel cars. But nope, no cap-and-trade.

[Need4Truth]

Is this part of the Limbaugh effect?

[rabscuttle385]

[McCain flip-flop attempt on climate change and the environment...]

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[avacado]

"So then I asked this senior official if the campaign has taken cap-and-trade out behind the barn and shot it dead once and for all — buried it in history’s dustbin of bad ideas. The answer came back that they are interested in jobs right now — jobs for new energy production and jobs from lower taxes. At that point I became satisfied. Even though a McCain presidency might resurrect cap-and-trade, it will be a much different format. More important, the campaign is cognizant of the conservative rebellion against it.

That’s enough for me."

Good news indeed!

[cripplecreek]

More likely part of the “I gotta say whatever it takes to get elected” effect.

[steelyourfaith]

"Is this part of the Limbaugh effect?"

Time for a Rush 24/7 photo shop pic:

 

Beam me to Planet Gore !

[fhayek]

May I suggest “Drill here, drill now”?

[lookout88]

Go vote for Osama, you might as well.

[giotto]

More likely part of the “I gotta say whatever it takes to get elected” effect.

We should be so lucky. My impression of McCain is that he's completely tone deaf to what conservatives--and in fact the majority of Americans--want.

[Mike Darancette]

McCain flip-flop attempt on climate change and the environment...

Quick, let's everybody contact the McCain campaign and ask them to support cap and trade. /sarc

[MARTIAL MONK]

You are right. He should immediately adopt the platforms and strategies of the looooooosers.

[MrsPatriot]

“That's good enough for me.”

Well, it's not good enough for me. Someone needs to ask John McCain directly, (not one of his advisers, who he attacks every other day) and get him on the record. I still don't trust him.

[seekthetruth]

If I hear more about McCain coming to his senses like this, I will be able to vote for him without holding my nose. He will get my vote in November because the other choice is just too terrible to think about!

[dforest]

Beats being naive at election time. McCain coupled with a RAT Congress will get you RAT policy. No mention does not mean he still doesn’t support cap and trade.

If McCain can’t beat Obama, he can’t beat anybody. So far, looks like he isn’t trying too hard.

[TADSLOS]

Fat chance. McCain’s too pig headed to reverse his stance on anything involving a reach around with his liberal friends just to appease conservatives.

[alicewonders]

McCain coupled with a RAT Congress will get you RAT policy.

You are correct! Might I also add that McCain coupled with a RAT Congress will get you RAT policy - AND - the Republicans will get the blame for it!

[avacado]

"Beats being naive at election time. McCain coupled with a RAT Congress will get you RAT policy..."

Insightful observation. Allow me a minute to pick your brain for your insight into this scenario: Obama coupled with a RAT Congress will get you what?

[lookout88]

I am no fan of McCain. There is no naivety in my judgment. If you think a 3rd party will make a statement, I disagree with you. These are poor choices we face. In McCain’s defense, he did not abandon his fellow pow’s in Vietnam. That says a lot to me.

[kabar]

Hey Larry, go to McCain's web site under the issue of climate change.

"John McCain's Cap and Trade Policy

John McCain Proposes A Cap-And-Trade System That Would Set Limits On Greenhouse Gas Emissions While Encouraging The Development Of Low-Cost Compliance Options. A climate cap-and-trade mechanism would set a limit on greenhouse gas emissions and allow entities to buy and sell rights to emit, similar to the successful acid rain trading program of the early 1990s. The key feature of this mechanism is that it allows the market to decide and encourage the lowest-cost compliance options.

How Does A Cap-And-Trade System Work?

A cap-and-trade system harnesses human ingenuity in the pursuit of alternatives to carbon-based fuels. Market participants are allotted total permits equal to the cap on greenhouse gas emissions. If they can invent, improve, or acquire a way to reduce their emissions, they can sell their extra permits for cash. The profit motive will coordinate the efforts of venture capitalists, corporate planners, entrepreneurs, and environmentalists on the common motive of reducing emissions.

Greenhouse Gas Emission Targets And Timetables

2012: Return Emissions To 2005 Levels (18 Percent Above 1990 Levels)

2020: Return Emissions To 1990 Levels (15 Percent Below 2005 Levels)

2030: 22 Percent Below 1990 Levels (34 Percent Below 2005 Levels)

2050: 60 Percent Below 1990 Levels (66 Percent Below 2005 Levels)

The Cap And Trade System Would Allow For The Gradual Reduction Of Emissions.

The cap and trade system would encompass electric power, transportation fuels, commercial business, and industrial business – sectors responsible for just below 90 percent of all emissions. Small businesses would be exempt. Initially, participants would be allowed to either make their own GHG reductions or purchase "offsets" – financial instruments representing a reduction, avoidance, or sequestration of greenhouse gas emissions practiced by other activities, such as agriculture – to cover 100 percent of their required reductions. Offsets would only be available through a program dedicated to ensure that all offset GHG emission reductions are real, measured and verifiable. The fraction of GHG emission reductions permitted via offsets would decline over time.

[Grunthor]

“McCain flip-flop attempt on climate change and the environment”

So....now flip/flopping is a good thing? Or is it only a bad thing when a Democrat does it? Many will say; “At least he is flipping the right way” but they neglect (purposefully) to mention a way that this man or ANY flip/flopper can be trusted. But that’s ok, he has that magic “R” after his name, that makes everything better!

[calcowgirl]

No mention does not mean he still doesn’t support cap and trade.

He hasn't mentioned Amnesty lately, either. I'm just sure that means he opposes it! /s

Kudlow is trying really hard to find a favorable flip-flop that just ain't there.