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McCain on the Issues - Climate Change
McCain Website ^

Posted on 05/21/2008 10:19:04 AM PDT by Bob J

Climate Change

John McCain will establish a market-based system to curb greenhouse gas (GHG) emissions, mobilize innovative technologies, and strengthen the economy. He will work with our international partners to secure our energy future, to create opportunities for American industry, and to leave a better future for our children.

John McCain's Principles for Climate Policy

• Climate Policy Should Be Built On Scientifically-Sound, Mandatory Emission Reduction Targets And Timetables.

• Climate Policy Should Utilize A Market-Based Cap And Trade System.

• Climate Policy Must Include Mechanisms To Minimize Costs And Work Effectively With Other Markets.

• Climate Policy Must Spur The Development And Deployment Of Advanced Technology.

• Climate Policy Must Facilitate International Efforts To Solve The Problem.

John McCain's Cap and Trade Policy

John McCain Proposes A Cap-And-Trade System That Would Set Limits On Greenhouse Gas Emissions While Encouraging The Development Of Low-Cost Compliance Options. A climate cap-and-trade mechanism would set a limit on greenhouse gas emissions and allow entities to buy and sell rights to emit, similar to the successful acid rain trading program of the early 1990s. The key feature of this mechanism is that it allows the market to decide and encourage the lowest-cost compliance options.

How Does A Cap-And-Trade System Work?

A cap-and-trade system harnesses human ingenuity in the pursuit of alternatives to carbon-based fuels. Market participants are allotted total permits equal to the cap on greenhouse gas emissions. If they can invent, improve, or acquire a way to reduce their emissions, they can sell their extra permits for cash. The profit motive will coordinate the efforts of venture capitalists, corporate planners, entrepreneurs, and environmentalists on the common motive of reducing emissions.

Greenhouse Gas Emission Targets And Timetables

2012: Return Emissions To 2005 Levels (18 Percent Above 1990 Levels)

2020: Return Emissions To 1990 Levels (15 Percent Below 2005 Levels)

2030: 22 Percent Below 1990 Levels (34 Percent Below 2005 Levels)

2050: 60 Percent Below 1990 Levels (66 Percent Below 2005 Levels)

The Cap And Trade System Would Allow For The Gradual Reduction Of Emissions.

The cap and trade system would encompass electric power, transportation fuels, commercial business, and industrial business – sectors responsible for just below 90 percent of all emissions. Small businesses would be exempt. Initially, participants would be allowed to either make their own GHG reductions or purchase "offsets" – financial instruments representing a reduction, avoidance, or sequestration of greenhouse gas emissions practiced by other activities, such as agriculture – to cover 100 percent of their required reductions. Offsets would only be available through a program dedicated to ensure that all offset GHG emission reductions are real, measured and verifiable. The fraction of GHG emission reductions permitted via offsets would decline over time.

Innovating, Developing and Deploying Technologies

To Support The Cap And Trade System, John McCain Will Promote The Innovation, Development And Deployment Of Advanced Technologies. John McCain will reform federal government research funding and infrastructure to support the cap and trade emissions reduction goals and emphasize the commercialization of low-carbon technologies. Under John McCain's plan:

Emissions Permits Will Eventually Be Auctioned To Support The Development Of Advanced Technologies. A portion of the process of these auctions will be used to support a diversified portfolio of research and commercialization challenges, ranging from carbon capture and sequestration, to nuclear power, to battery development. Funds will also be used to provide financial backing for a Green Innovation Financing and Transfer (GIFT) to facilitate commercialization.

John McCain Will Streamline The Process For Deploying New Technologies And Requiring More Accountability From Government Programs To Meet Commercialization Goals And Deadlines.

John McCain Will Ensure Rapid Technology Introduction, Quickly Shifting Research From The Laboratory To The Marketplace.

John McCain Will Employ The Inherent Incentives Provided By A Cap-And-Trade System Along With Government-Led Competitions As Incentives For New Technology Deployment.

John McCain Will Foster Rapid and Clean Economic Growth

John McCain Believes An Effective And Sustainable Climate Policy Must Also Support Rapid Economic Growth. John McCain will use a portion of auction proceeds to reduce impacts on low-income American families. The McCain plan will accomplish this in part by incorporating measures to mitigate any economic cost of meeting emission targets, including:

Trading Emission Permits To Find The Lowest-Cost Source Of Emission Reductions.

Permitting "Banking" And "Borrowing" Of Permits So That Emission Reductions May Be Accelerated Or Deferred To More Economically Efficient Periods.

Permitting Unlimited Initial Offsets From Both Domestic And International Sources.

Effectively Integrating U.S. Trading With Other International Markets, Thereby Providing Access To Low-Cost Permit Sources.

Establishing A Strategic Carbon Reserve As A National Source Of Permits During Periods Of Economic Duress.

Early Allocation Of Some Emission Permits On Sound Principles. This will provide significant amount of allowances for auctioning to provide funding for transition assistance for consumers and industry. It will also directly allocate sufficient permits to enable the activities of a Climate Change Credit Corporation, the public-private agency that will oversee the cap and trade program, provide credit to entities for reductions made before 2012, and ease transition for industry with competitiveness concerns and fewer efficiency technology options.

A commission will also be convened to provide recommendations on the percentage of allowances to be provided for free and the percentage of allowances to be auctioned, and develop a schedule for transition from allocated to maximum auctioned allowances. Cap-and-trade system will also work to maximize the amount of allowances that are auctioned off by 2050.

John McCain Will Provide Leadership for Effective International Efforts

John McCain Believes That There Must Be A Global Solution To Global Climate Change. John McCain will engage the international community in a coordinated effort by:

Actively Engaging To Lead United Nations Negotiations.

Permitting America To Lead In Innovation, Capture The Market On Low-Carbon Energy Production, And Export To Developing Countries – Including Government Incentives And Partnerships For Sales Of Clean Tech To Developing Countries.

Provide Incentives For Rapid Participation By India And China, While Negotiating An Agreement With Each.

John McCain Will Develop a Climate Change Adaptation Plan

John McCain Believes A Comprehensive Approach To Addressing Climate Change Includes Adaptation As Well As Mitigation. He believes:

An Adaptation Plan Should Be Based Upon National And Regional Scientific Assessments Of The Impacts Of Climate Change.

An Adaptation Plan Should Focus On Implementation At The Local Level Which Is Where Impacts Will Manifest Themselves.

A Comprehensive Plan Will Address The Full Range Of Issues: Infrastructure, Ecosystems, Resource Planning, And Emergency Preparation.


TOPICS: Extended News; News/Current Events; Politics/Elections
KEYWORDS: climatechange; globalwarming; johnmccain; mccain; mccaingwarming; mccainontheissues; nowaymccain; rino
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To: indylindy

I don’t have time for your base rudeness. I guess that flies where you come from. I’m sure your parents tried to raise you better but whatever.


41 posted on 05/21/2008 1:16:51 PM PDT by GulfBreeze (McCain is our nominee. No one else.)
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To: JoJo Gunn

.


42 posted on 05/21/2008 1:17:46 PM PDT by GulfBreeze (McCain is our nominee. No one else.)
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To: GulfBreeze; Bob J; PSYCHO-FREEP

All this reminds me of a Cops episode I watched last evening. A perp was seen talking to a known drug dealer by the cops. When detained, they found dope in his cap-band. On being put into the paddy-wagon, he cried “You’ve just ruined the rest of my life”.

He reminds me of you McCain supporters. Should McCain lose in November, you lay it at the feet of those who don’t support him. It’ll be our fault, when the real blame lies with McCain himself. He’s doing everything he can to build support from moderates, the left (he’s paying his supporters to troll sites like KOS), and his positions on Global Warming and illegal-immigration are abominable. Yet you assign us the guilt.

If you are really conservatives, it’s time you get your head out of the sand and see that he is the worst candidate the GOP could have come up with. But then, he’s representative of what the GOP itself has become. And there are those of us who are fed up with their leftward bent and want it stopped. OTOH, there are those (you) who are so afraid of a Democrat victory come November you quake at anyone who may stand in your man’s way. Your fear is palpable.

We’re not the ones who planted the dope in your hat (McCain’s policies); McCain is. He’s the problem here; not us. You want to direct your anger and frustration? Direct it at him. Work to get a candidate who represents true conservativism. Is it too late? Perhaps. But it certainly will be if we don’t even try.


43 posted on 05/21/2008 1:18:42 PM PDT by bcsco (To heck with a third party. We need a second one....)
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To: Bob J
I say get it all out in the open so ignorance can be defeated.

Gawd thanks Bob J, does this now mean(since we have all wretched our guts out over the commode), that McCain, Hillary, and Obama, will all be defeated?

44 posted on 05/21/2008 1:19:04 PM PDT by dforest (I had almost forgotten that McCain is the nominee. Too bad I was reminded.)
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To: PSYCHO-FREEP
How’s the Koolaid holding out?

Oh, they get it shipped to them, gratis. It's an "incentive."

45 posted on 05/21/2008 1:21:14 PM PDT by KentTrappedInLiberalSeattle (If McCain really CAN "win without conservatives," then why do you care if I vote for him or not?)
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To: GulfBreeze; KentTrappedInLiberalSeattle
I don’t have time for your base rudeness. I guess that flies where you come from. I’m sure your parents tried to raise you better but whatever.

Gee, I wasn't rude, I was challenging you. I can see Obama has gotten to you. No matter, the scenario I presented you was not in your playbook.

Totally understandable.

46 posted on 05/21/2008 1:23:21 PM PDT by dforest (I had almost forgotten that McCain is the nominee. Too bad I was reminded.)
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To: bcsco

DUDE!

Where on EARTH did you ever read that I am a McNasty supporter?

I absolutely despise this RINO and ALWAYS have! Just read my past posting history if you think I am kidding....(Psycho)


47 posted on 05/21/2008 1:34:30 PM PDT by PSYCHO-FREEP (Juan McCain....The lesser of Three Liberals.")
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To: indylindy

You were rude. Your first post was written with conclusions and no line of reasoning to get there.

Your second conlusion was everything short of calling me stupid.

I understand that your saying I’m in the Obama camp because I am not trying to find a different candidate than McCain but the arguement is just laid out for it. So I asked you to put the details into your arguement.

McCain IS the candidate. Unless you’re planning on assassinating him between now and the GOP convention he is the GOP candidate. He has enough delegates in place right now who are BOUND to vote for him in the first caucus round that he cannot be displaced by any amount of convention shenanigans.

The POTUS 2008 race is between John McCain and Barak Obama. No one is in the race. No one else will be in the race.


48 posted on 05/21/2008 1:34:54 PM PDT by GulfBreeze (McCain is our nominee. No one else.)
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To: GulfBreeze

I do not have “conlusions,” I have conclusions. I withhold my conclusion about you.

You failed to answer my question. If the shoe fits.....


49 posted on 05/21/2008 1:39:03 PM PDT by dforest (I had almost forgotten that McCain is the nominee. Too bad I was reminded.)
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To: PSYCHO-FREEP

You misunderstood why I included you. I read your posts before posting, and was only alerting you to what I wrote to those same parties. Sorry for any misconception.


50 posted on 05/21/2008 1:39:35 PM PDT by bcsco (To heck with a third party. We need a second one....)
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To: bcsco

I get frustrated having to keep on posting all the countless reasons to not vote for McNasty.

It’s as though those posters just came on to the forum this week and have never seen a McCain thread before.

Even with all the overwhelming reasons and history on this RINO they still have no clue or use the fear/knee-jerk approach or guilt-trip response to those of us who see things clearly. They own the term “illogical”.


51 posted on 05/21/2008 1:58:13 PM PDT by PSYCHO-FREEP (Juan McCain....The lesser of Three Liberals.")
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To: indylindy

You asked one question in your second post and it was based on an imaginary and false scenario.

Like, “Do you still beat your mother?”

Eat your dinner and get your nights sleep but don’t hold your breath waiting for an answer.


52 posted on 05/21/2008 2:04:08 PM PDT by GulfBreeze (McCain is our nominee. No one else.)
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To: PSYCHO-FREEP
It’s as though those posters just came on to the forum this week and have never seen a McCain thread before.

That's quite true for any number of them. But others have been around awhile. I ran into both yesterday on another thread. They immediately became obnoxious and called me names. One kept hounding me no end.

As I posted earlier, I see a great fear among Juan's supporters. 1) There's no real assurance his tactics of going for the moderate Democrat vote will overcome Democrats in November. 2) He's shown no inclination to woo conservatives (who'd ever think he would?).

So, they've bought into his campaign but see a possible train wreck coming. I can understand that. But he's the problem; not us. They need to learn to address their frustration in the proper direction, and begin seeing things logically for a change. They're little different than the emotional DUmmies at DU.

53 posted on 05/21/2008 2:04:47 PM PDT by bcsco (To heck with a third party. We need a second one....)
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To: GulfBreeze

You are a bonafide nut.


54 posted on 05/21/2008 2:48:38 PM PDT by dforest (I had almost forgotten that McCain is the nominee. Too bad I was reminded.)
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To: calcowgirl
Climate Change Credit Corporation

Ooooooooh, sounds so official!

I never thought I'd see the RINO's latch onto the hind teat of the United Nations so quickly. Ain't it amazing what the offer of a few Brownie Points can do?



55 posted on 05/21/2008 4:25:23 PM PDT by JoJo Gunn (Help control the girly-man population. Have the McCainiacs spayed or neutered.)
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To: JoJo Gunn

This brownie points program makes sense when you realize it’s a trial balloon for issuing carbon credits to those participating in his global warming plan. Hey, ya gotta start somewhere, right? Why not with the idiots who fall for this?


56 posted on 05/21/2008 4:51:52 PM PDT by bcsco (To heck with a third party. We need a second one....)
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To: Bob J
I say get it all out in the open so ignorance can be defeated.

That's why we anti-McCainiacs are here.

*snicker* 

57 posted on 05/21/2008 5:03:44 PM PDT by JoJo Gunn (Help control the girly-man population. Have the McCainiacs spayed or neutered.)
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To: bcsco

Have you noticed how void of McCain’s Apologists this thread is? And what little of them there are completely ignore McCain’s being a thieving pinko.

What’s up with that? ;)


58 posted on 05/21/2008 5:08:31 PM PDT by JoJo Gunn (Help control the girly-man population. Have the McCainiacs spayed or neutered.)
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To: calcowgirl
"Wealth redistribution and global governance--is this the new "brand" for the GOP?"

In a word--yes.

Can't you just see the dolts at BTRC (Big Tent RINO Central) busy crafting a platform plank McQueeg can use to flack his global warming fantasy?

If through some cruel trick of fate this fool actually manages to stumble and shuffle his way into the presidency, he will wreak more destruction on American sovereignty and traditional values than Carter and Clinton combined.

59 posted on 05/21/2008 5:11:18 PM PDT by Czar ( StillFedUptotheTeeth@Washington)
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To: JoJo Gunn

The only thing up with them is their obedience to the Mel Martinez idea in this election...uh...” we are doing all we can to make sure a democr...oops ...republican wins”.

At the very least, we can give old Mel credit for a sincere Freudian slip.


60 posted on 05/21/2008 5:14:02 PM PDT by dforest (I had almost forgotten that McCain is the nominee. Too bad I was reminded.)
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