Yes, global warming seems to be taking place but is it all that BAD? After a century of development, the traveling world is locked into otto/diesel cycle engines which produce lots of CO2; but it is water vapor that is the main driver of global warming, not CO2. The president realizes this and calls for our weaning off foreign, and domestic, oil/hydrocarbons; and yet, we in the new energy field have had the answers for years, and we don't see a single DIME of funding. Now, whose fault is that?
Not sure about your point regarding water vapor. There are many constituents keeping global climate relatively stable. The amount of water vapor is a big one. But people don't have much of an effect on water vapor content in the atmosphere.