Obama Proposes Deep Greenhouse Gas Cuts

Town Hall ^ | 10/8/07 | HOLLY RAMER

[teddyballgame]

"As president, I will set a hard cap on all carbon emissions at a level that scientists say is necessary to curb global warming, an 80 percent reduction by 2050," he said.

He proposed a modified "cap and trade" approach to reduce emissions, requiring businesses to buy allowances if they pollute, creating an incentive to reduce energy usage.

"No business will be allowed to emit any greenhouse gases for free," he said. "Businesses don't own the sky, the public does, and if we want them to stop polluting it, we have to put a price on all pollution."

Sen. Hillary Rodham Clinton, D-N.Y., has said she is intrigued by the carbon auction system but has stopped short of endorsing it. Sen. Chris Dodd of Connecticut has proposed taxing polluters for their carbon emissions.

Separate from the energy proposal, Obama joined rival John Edwards Monday in criticizing Clinton for voting for a Senate resolution that urges the State Department to designate Iran's Revolutionary Guard Corps a terrorist organization. continued...

[Trteamer]

The Colorado Freepers will be at the DNC Convention next August.......... It should be a hoot!

[JustDoItAlways]

An 80% reduction would require us to shut down the electrical power industry (except for nuclear) and give up all forms of fossil-fuel transportation (cars, trucks, rail, ship and air.) Of course, nuclear power would be difficult to use without the transportation of nuclear fuel.

Of course by 2050, all the current crop of politicians will be dead so one might as well promise whatever gets you elected in 2008.