Posted on 05/06/2009 8:27:19 AM PDT by Oldeconomybuyer
A greenhouse gases trading system funded with the help of then-Illinois State Sen. Barack Obama would appear to have another prominent supporter, Indiana Sen. Richard Lugar, head of the Senate Foreign Relations Committee, who was also one of the system's earliest clients.
A greenhouse gases trading system funded with the help of then-Illinois State Sen. Barack Obama would appear to have another prominent supporter, Indiana Sen. Richard Lugar, head of the Senate Foreign Relations Committee, who was also one of the system's earliest clients.
Three years ago, Lugar, who grows corn, soybeans and trees on his family's 604 acres of property in Marion County, Ind., became the first farmer in his state to sign up with the new commodity market called the Chicago Climate Exchange, which is likely to play a major role in President Obama's $650 billion cap-and-trade initiative. In the process, Lugar became what the exchange called an offset producer, entitling him to a financial reward in return for keeping his part of his property untouched.
Lugar not only participated in the Climate Exchange program. He also endorsed it in its promotional advertising, an endorsement that could prove significant as climate change legislation, which was introduced last month in the U.S. House of Representatives, moves forward as an Obama Administration priority.
(Excerpt) Read more at foxnews.com ...
As another poster stated the other day, it’s sad when Bayh is the better Senator than Lugar. And I get the pleasure of both of them representing me.
Someone should tell Lugar we’re entering a period of global cooling according to Mational Geographic...http://www.theusmat.com/
wanna bet Lex Lugar is also getting a farm subsisidy...
time for ol’ farmer Lugar to return to his fields.
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