President Forewarns Executive Action on Climate Change

Eagleye Blog ^ | February 13, 2013 | Bethany Stotts

[eagleye85]

As mentioned in previous blog entries, several news outlets, including the Wall Street Journal and Washington Post, mentioned that the President, in his State of the Union address, would be addressing climate change. Indeed, in his speech the President called upon Congress to act and create a McCain-Liebermanesque solution while promoting his own executive actions.

“I urge this Congress to get together, pursue a bipartisan, market-based solution to climate change, like the one John McCain and Joe Lieberman worked on together a few years ago,” said President Barack Obama. “I will direct my cabinet to come up with executive actions we can take, now and in the future, to reduce pollution, prepare our communities for the consequences of climate change, and speed the transition to more sustainable sources of energy.”

Pollution, according to the Obama Administration, includes greenhouse gas emissions, which are already falling in the United States. “And over the last four years, our emissions of the dangerous carbon pollution that threatens our planet have actually fallen, said President Obama. However, burning coal–which was not mentioned specifically in his speech–remains a significant source of greenhouse gas-producing energy in the U.S. and in Europe.

In short,

The Obama Administration will release regulations on new coal plants this spring, making them infeasible;
The Obama Administration is contemplating regulations on existing coal plants to reduce their greenhouse gas emissions;
The U.S. is currently making money by exporting coal to energy-strapped Europe–a result of Europe’s green energy regulations; and
Regulation of this sector would be bad for the economy, a move proposed by Obama–even though his speech was supposed to be about promoting jobs and economic growth.

“But for the sake of our children and our future, we must do more to combat climate change,” asserted Obama in his speech. In contrast, Florida Republican Senator Marco Rubio, who made the GOP’s response to the President’s address, said today that ”America is a country, it’s not a planet.”

“So we can pass a bunch of laws or executive orders that will do nothing to change the climate or the weather but will devastate our economy. Devastate it!” asserted Senator Rubio.

If you would like to read more on this topic, check out my recent articles:

Outlining Upcoming Coal Regulations

It’s Not Worth It

Coal Sees Comeback in Germany

[Paladin2]

It’s just another attack on the liberty of the citizens of the USofA.

[Da Coyote]

Go for it, bat-eared-b*stard.

Proof for your “climate change” is just about as believable as proof of your birth place.

[Venturer]

One day Obama will push American citizens too hard.

The Congress may line up to kiss his ring (does he wear it on his butt) but Americans are getting a bellyfull of the Congress too.

[E. Pluribus Unum]

All you have to do is manufacture a fake crisis and you can issue any executive order you please, eh Hussein?

[Buckeye McFrog]

He knows his term will be just about done by the time the inevitable court challenges wind their way to the SCOTUS.

[Diogenesis]

Patent 6904336 on Carbon Credits is held by Fannie Mae and the DNC.
Don't hold your breath waiting for the MSM to report it
because David Gregory's wife is their lawyer.

The $10 Trillion Climate Fraud (Cap-And-Trade and CCX)
Cap-And-Trade: While senators froth over Goldman Sachs and derivatives, a
climate trading scheme being run out of the Chicago Climate Exchange would
make Bernie Madoff blush. Its trail leads to the White House.”

---

“Fannie Mae Chief Executive Officer Franklin Raines, two of his top underlings and select
individuals in the "green" movement were inventing a patented system to trade residential carbon credits.
Patent No. 6904336 was approved by the U.S. Patent and Trade Office on Nov. 7, 2006 --
the day after Democrats took control of Congress. Former Sen. John Sununu, R-N.H.,
criticized the award at the time, pointing out that it had "nothing to do with Fannie Mae's charter, nothing to do with making mortgages more affordable."

"It wasn't about mortgages. It was about greenbacks. The patent, which Fannie Mae confirmed it still owns with Cantor Fitzgerald subsidiary CO2e.com, gives the mortgage giant a lock on the fledgling carbon trading market, thus also giving it a major financial stake in the success of cap-and-trade legislation."

---

“Here comes the next bubble -- carbon trading
Forget CDOs and other inventions of the great credit bubble. That’s all old hat.
Investment bankers are moving on to an area of securities trading that is potentially even
more lucrative, and what’s more, even has a social value – saving the planet.
….According to Mr Schapiro, carbon trading is now the fastest growing commodities
market on earth. Since Kyoto signatories bought in to the cap and trade concept in 2005,
there have been more than $300bn carbon transactions, prompting several investment
banks, including Goldman Sachs and Barclays, to set up their own carbon trading desks.
But that’s just the start. If President Obama and his supporters can institute a cap-and-
trade system in the United States – and that’s a big if for this increasingly marooned
presidency – demand could explode into a $2 to $3 trillion market.

And here’s the great thing about it. Unlike traditional commodities markets, which will
eventually involve delivery to someone in physical form, the carbon market is based on
lack of delivery of an invisible substance to no-one. Since the market revolves around
creating carbon credits, or finding carbon reduction projects whose benefits can then be
sold to those with a surplus of emissions, it is entirely intangible.

“Carbon developers”, many of them employed by large multinationals, travel the world
in search of carbon reduction projects to sell, while firms of carbon accountants have been
established to verify on the United Nations’ behalf that those reductions are real.
The whole thing, though well intentioned, looks wide open to abuse and scams. “

[beethovenfan]

The climate’s going to keep changing no matter what this egotistical a$$hole says or does.

[ZULU]

This bastard is strangling the American Economy, the American Military and tax-paying, working Americans.

WHEN WILL IT STOP?????

[Empire_of_Liberty]

Only when it stops working for him.

I need to figure out how to live on less. I’m tired of working to feed myself and his scrawny, marxist a$$, too.

[Texas Fossil]

He knows it is all a lie.

BUT, it is a lie that will make his Globalist Fascist Buddies very very rich at our expense.

This is about transfering wealth from the US to foreign powers. Restitution in Obozo’s mind for our past sins.

FUBO! And your Commie, Muzzie, Globalist masters.

[nascarnation]

Unfortunately the typical young person under 30 received more schooling in climate change than they did the Constitution.

[humblegunner]

If you would like to read more on this topic, check out my recent articles:

If you posted them here, you should provide the FR links.

Or were you trying to send traffic to your blog?

[SatinDoll]

It’s all about making money.

[devolve]

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Obama’s SOTU speech:

Obama said I have “doubled” gasoline mileage?

To 54.5 miles per gallon!

By what year?

In 13 years from now!

- and Obama will cut government spendinf on the 12th of Never.....

I-I-I-I-I

Moochelle’s Boeing jet uses $85,000 worth of fuel just getting her butt up to cruising altitude!

How much did Bo Obama’s jet cost to get up to cruising altitude when leaving for Va-Ca in Cape Cod?

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