Posted on 10/29/2015 9:04:46 PM PDT by Dave346
Reduces global temperatures less than two-tenths of one degree
Meeting the climate change goals proposed by President Barack Obama for the upcoming United Nations conference in Paris will cost up $38 to $45 billion annually and reduce global temperatures by less than two-tenths of one degree, according to a report released Thursday.
The report, by the American Action Forum, a center-right policy institute, calculated the costs of past and pending regulations the administration is planning to use to go around Congress to meet international goals to reduce carbon emissions.
“As the world meets in Paris at the United Nations (UN) Conference on Climate Change during the first two weeks in December, it is important to take note how the U.S. has already regulated greenhouse gases (GHGs),†the report, written by Sam Batkins, AAF’s director of regulatory policy, said. “According to American Action Forum (AAF) research, regulators have already imposed $26 billion in annual costs to limit GHGs and have proposed an additional $1.7 billion. However, to meet President Obama’s climate goals the nation will have to spend up to $45 billion more each year by 2025.â€
“What are the benefits of these investments? According to the Environmental Protection Agency (EPA) estimates, previous actions will avert a combined 0.0573 degrees Celsius of warming,†Batkins continued. “Meeting the president’s 2025 goals could add reductions up to 0.125 degree Celsius.â€
“In other words, full achievement of the president’s climate goals will cost more than $73 billion in annual burdens to alleviate less than two-tenths of one degree of warming,†he wrote.
If the president achieves his goals, global temperatures will be reduced by 0.1823 degrees.
The report noted that the Obama administration has issued 15 final regulations that relate to reducing greenhouse gas emissions, totaling more than 3,000 pages.
“The total cost from these 15 measures is $230 billion in net present value costs, more than $26 billion in annual burdens, and 2.9 million paperwork burden hours,†AAF said.
The American Action Forum analyzed the costs of regulations already in place, which include CAFE standards for reducing car and truck emissions and rules for power plants.
President Obama’s plan submitted for the COP21 United Nations climate talks in Paris this December is based on regulatory action to work around the Republican-controlled Congress. The goal to reduce carbon emissions by an additional 1.2 billion tons by 2025 involves regulations already in the works, including the EPA’s “Clean Power Plan†targeting emissions from power plants.
Administration officials are banking on pushing through several regulations before Obama leaves office, to reduce the chances they can be undone by the next administration.
“We can achieve this goal using laws that are already on the books, and it will be in place by the time the president leaves office,†said Brian Deese, Obama’s senior adviser on climate change, when the president’s plan was released in March.
“Undoing the kind of regulation we’re putting in place is very tough,†added Todd Stern, the State Department’s chief envoy on climate change.
The report said that climate change rules have already been costly.
“After $28 billion in annual regulatory costs to address climate change, the U.S. is hardly finished if it wants to meet the president’s goals,†the report concluded. “As much as $45 billion per year in regulatory burdens will likely be required to meet the 2025 benchmark, with just a 0.125-degree temperature reduction as a reward. As the U.S. approaches another round of climate negotiations, these figures demonstrate the American people have already shouldered a heavy burden to reduce emissions.â€
"Never have so many been so effed over by so few Lefty douchebags, and his initials are Barack Obama."
"Obama ain't got the economic brains God give gophers..."
“Reduces global temperatures less than two-tenths of one degree “
Unless it doesn’t.
There isn’t much we really know about Obama but he does prove to us on a daily basis that his mother and father weren’t married.
Don't even argue that the limited result isn't worth the economic cost. That will only encourage leftists. Its nonsense anyway.
Global warming is a modern day apocalyptic religion for some, a vast money-skimming scheme for others. Its a fraud and a fake. No one knows if the climate is even changing long-term, and they have absolutely no clue if man, as small and meaningless as he is, is involved even one iota.
Is it in the budget?
How about give me 2 tenths of 1 percent of that 45 billion and I’ll do my damndest to quit flatulating.
So what difference does it make? The idiot Repub-e’s gave Clown Prince an open-ended checkbook for the rest of his term. Traitors all.
is Al Gore still in the carbon offset business?
if so, how much does he charge?
The money is going somewhere. Green scam businesses. Third world dictators. Left wing foundation donations. All of these.
“Obama ain’t got the economic brains God give gophers...”
He knows exactly what he is doing. Don’t you understand that?
Sorry but it is very disturbing that people still think he is incompetent or lazy or stupid.
And this is not counting the lost tax revenue from the thousands of highly paid union coal mine workers who no longer have a job.
Another 135 in Indiana to be axed right after Chrismas
That is if the models which have so far been completely wrong in every case had any accuracy at all.
Global Warming is not due to human contribution of Carbon Dioxide - Global Warming: The Cold, Hard Facts? By Timothy Ball
No Smoking Hot Spot (The Australian)
Those two articles take Greenhouse Theory at face value and by the criterion set up in the theory itself finds no evidence of warming on the basis of greenhouse effect.
Sky-high hole blown in AGW theory?
"Forbes reports on a peer-reviewed study that uses NASA data to show that the effects of carbon-based warming have been significantly exaggerated. In fact, much of the heat goes out into space rather than stay trapped in the atmosphere, an outcome that started long before AGW alarmists predicted:"
That article explains why no Hot Spot has been found.
The Hidden Flaw in Greenhouse Theory
Falsification Of The Atmospheric CO2 Greenhouse Effects Within The Frame Of Physics
Harvard astrophysicist dismisses AGW theory, challenges peers to 'take back climate science'
It Is Impossible For A 100 ppm Increase In Atmospheric CO2 Concentration To Cause Global Warming
Simple Chemistry and the Real Greenhouse Effect.
Those five articles each show that Greenhouse Theory has no basis in reality due to a direct conflict with the known laws of physics. No wonder the smoking gun "hotspot" can't be found.
no money for Seniors AFTER the gov. STOLE their Social Security payments, but by golly we can find $45 BILLION for climate change (which isn’t our fault) And you watch- this year it will be $45 BILLION, next year that will Skyrocket to $145 BILLION
Stop giving money to countries and give it to the climate people.....both ways burns our money so I don’t care. I would rather us burn our money down a pit then to give it to countries who hate us.
This is the reason duct tape was invented.
USE it to tape the mouths shut of all DC critters, including and especially the won heading to Gay Paree. We then call it ‘even Steven’ and walk away. What a waste of the green.
seems low
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