Posted on 05/23/2007 7:26:44 AM PDT by Sub-Driver
McCain Sides With Leading Dems on Global Warming By Nathan Burchfiel CNSNews.com Staff Writer May 23, 2007
(CNSNews.com) - A panel discussion on global climate change Tuesday found Sen. John McCain's (R-Ariz.) staff agreeing with representatives for the leading Democratic presidential contenders. A cap-and-trade system for carbon emissions, they agreed, is the most promising solution to "global warming."
A cap and trade system would involve limits or caps (lower than current levels) on the amount of carbon dioxide (CO2) emissions produced by polluters like power plants. But companies able to cut their CO2 output at a low cost would be able to sell their left-over pollution permits to companies facing higher costs.
John Raidt, a policy advisor to McCain, said during a discussion at the left-leaning Brookings Institution that the Arizona Republican is a "foremost proponent of carbon cap-and-trade."
Raidt said McCain supports a cap-and-trade system above taxes on carbon emissions because "cap-and-trade is a market-driven, proven way."
The position put McCain in league with leading Democratic contenders - Sen. Hillary Clinton of New York, Sen. Barack Obama of Illinois, and former Sen. John Edwards of North Carolina - whose policy advisors also participated in the discussion.
Representatives for the three Democrats said they all support a carbon cap-and-trade system.
(Excerpt) Read more at cnsnews.com ...
They’ll be vying for floor time. LOL
The cap and trade system depends on the “price or tax” that they level on CO2 emissions. The latest UN report said the price should $20 to $100 per tonne.
To put that into perspective, a new larger-scale conventional coal-fired power plant would emit about 4 million tonnes of CO2 per year.
If they are going to slap a tax on a new coal power plant of $80 million to $400 million per year, how the heck are we going to build any new power plants to meet growing electricity demands.
Answer: “You don’t get it, we are asking you to live in the stone age, or conserve your energy usage as if you were living in the stone age, you dummy.”
The same principle applies to every other new industrial plant.
“I am beginning to think he has lost it.”
McQueeg HAS lost it! And it is only a matter of time until he loses it big time in public, ala Dr. Dean. McInsane is old and unstable. Someone is going to push one of his crazy buttons in public, and he will explode.
John is about a close to being a republican as I am to being pregnant.
McCain didn’t side with them...he is one of them.
There’s a certain pleasure in watching McCain destroy himself.
He used to say this sort of thing and get wonderful coverage by the MSM, pretending to fawn all over him. Now he says it, and they ignore it. Only the conservatives notice it, and grit their teeth.
As for the MSM, they’re waiting for their next instructions from hillary. McCain is last year’s news.
I vote to kick AZ out of the union.
Maybe he and Newt Gingrich can run on a ticket together.
A cap-and-trade system for carbon emissions, they agreed, is the most promising solution to “global warming.”
These people just don’t have a clue. Not a F’n clue.
And they are running our country.
Argh
What makes you think Byrd isn’t going to get more senile, retire or expire in the next 15 years?
As if McPain needed another nail in his coffin.
Cap-and-trade is a SCAM intended to extend Federal Government and UN power over our lives, reduce our standard of living and enrich Gore and his friends. Why would anyone who wants to be President of the United States support a policy so damaging to the people of the country he wants to lead?
Go home John, your time has passed..
I think he is going to try to run with that idiot Bloomberg out of New York.
He’s lost his mind.
As I understand cap-and-trade it is not a tax per se. You have to buy "credits" from those who own them via some sort of brokerage system. This means that Government (US and UN in our case) can "award" their friends with "credits" for doing anything they they view as beneficial to the environment - plant a tree and earn a credit, for example.
Isn't it obvious that this would lead to massive corruption and huge brokerage fees and would do nothing for the environment?
Yup, McNut is just that, a real sick nut case. I suspect that after he looses the nomination that he will change party.
He’s dead, Jim (well...his candidacy, at least.)
Supporting Presiden’t Bush’s tax cuts...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.