Posted on 03/04/2009 6:54:16 PM PST by Free ThinkerNY
U.S. oil and natural gas producing companies should not receive federal subsidies in the form of tax breaks because their businesses contribute to global warming, U.S. Treasury Secretary Timothy Geithner told Congress on Wednesday.But, don't worry.
It was one of the sharpest attacks yet on the oil and gas industry by a top Obama administration official, reinforcing the White House stance that new U.S. energy policy will focus on promoting renewable energy sources like wind and solar power and rely less on traditional fossil fuels like oil as America tackles climate change.
"We don't believe it makes sense to significantly subsidize the production and use of sources of energy (like oil and gas) that are dramatically going to add to our climate change (problem). We don't think that's good economic policy and we think changing those incentives is good for the country," Geithner told the Senate Finance Committee at a hearing on the White House's proposed budget for the 2010 spending year.
Discovery News reports scientists are puzzled that temperatures have flat lined since 2001 despite rising greenhouse gas concentrations.
Scientist Kyle Swanson from University of Wisconsin-Milwaukee says, "This is nothing like anything we've seen since 1950. Cooling events since then had firm causes… This current cooling doesn't have one."
Question: What’s the differance between a government scientist and a whore?
Answer: Nothing. Give them enough money and they’ll both screw you.
Sorry, what is the difference in just about any scientist or researcher and a whore...especially in academia...nothing.
It is all about pimping for funds. I’ve seen it up close and personal for too long.
If I were a US oil company, I would be working overtime on turning myself into a foreign oil company. They won’t let you drill here anyway, so what’s the point of doing business here? Drill overseas, and sell your oil overseas. It’s a world market, so you don’t need to sell it in the US.
Yeah! Yeah! stick to the oil company’s!
What? My fuel costs increased?
The cost of goods increased?
We need too stick it to the oil company’s!
Walmart too! /s
With more and more evidence mounting that proves that we have been COOLING for the past decade and all indications say that it is likely to continue for the next 25 to 30 years, the liberals have stopped hawking “globull warming” and are now saying that the COOLING is man made.
It is like they are trying to look like the biggest idiots since time began.
This administration is nothing but dumb bastards who don’t have a clue to what the hell’s going on out there.
Well those idiots are pulling the biggest scam of all time.
They know. They are playing class warfare perfectly to destroy capitalism.
Cheers.
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