
Our President and Congress are absolutely stupid enough to fall for this nonsense.
Just one more example of conclusions first, supporting arguments second. Is it best to examine facts and findings to track down a recommendation or rather to first make a decision, then search for arguments which support the decision, no matter how shaky? It’s the primary difference between Conservatives and Liberals.
I find it vaguely amusing that they still make an effort to use a word like “climate” when they discuss these proposals. Of course, “climate” has nothing to do with any of this. They simply mean to steal from productive people and give to non-productive people. The weather has nothing to do with any of it.
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This is more of the same old line of reasoning that goes like this "the US is x% of the World population but uses y% of the world's consumption of energy..." And a statistic like that fails to account for what it is we do with y% of the world's consumption of energy. I mean, if you were to evenly distribute energy consumption per capita all over the world, what portion of ground breaking pharmaceuticals would you expect to come out of Africa? What share of new manufacturing technologies? What portion of new aircraft designs? How about fundamental scientific research into agriculture and food production? Many of the achievements in science, technology, medicine and any number of fields of achievement in the United States inure to the benefit of people all over the world who might never make those advances, even if the share of energy consumption (per capita) were more evenly balanced. It's not what you consume, it's what you produce!

Obviously the rich do produce a lot of CO2, but they are the big supporters of stopping global warming. If we to decide to target them and leave Average Joe alone, they aren't going to like that. After all, they are the elite and are allowed such luxuries.
