Political discussions about everything
#49461
China just spanked Obama and once again humiliated him in front of the world, he signed an agreement with China that we would immediately cut carbon emissions if China promises to peak their carbon emissions by 2030. The agreement means China has a huge incentive to pollute like crazy so that they're at a very high level by 2030, then if they're still not at the level they want by 2030 they just ignore the 16 year old agreement. In the mean time Obama his going increase our energy costs and competiveness in the world while China takes our market share.

Even German Chancellor Angela Merkel pointed out the agreement was counter productive since it gives China the incentive to rapidly increase carbon emissions of the next 15 years.
#49515
Obama: “If somebody wants to build a coal power plant, they can. It’s just that it will bankrupt them because they are going to be charged a huge sum for all that greenhouse gas that’s being emitted. Under my plan of a cap and trade system, electricity rates would necessarily skyrocket. ” "The fact of the matter is that right now, we are getting a lot of our energy from coal, and China is building a coal-fired plant once a week, that has to stop."
There is a plan, it's called Obama energy and we will pay dearly for it.
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