by DICK MORRIS Published on DickMorris.com on February 4, 2013
We
don't need more regulation of energy use, cap and trade, carbon taxes, or any
of the range of new measures President Obama is pushing to deal with climate
change. According to Bloomberg News, US
carbon emissions are down 13% over the past five years and that they are now
the lowest since 1994. In fact, we are
more than halfway to President Obama's goal of a 17% reduction below our peak
year of 2007.
Free
market developments like the higher cost of coal relative to natural gas, the
high price of gasoline, and greater energy efficiency in commercial buildings
are all doing the job. We don't need big
government here.
Coal
has fallen to only 18% of our energy use (down from 23% in 2007) and natural
gas is up to 31%. Natural gas has half
the carbon emissions of coal.
Evidence
suggests that climate change and global warming are happening, but at a much
slower rate than doomsday warnings suggested.
We are now on track for an increase in global temperatures of one degree
centigrade by 2100. This increase is not
enough to cause major flooding or rises in sea levels.
The
fears of some climatologists had been that the direct increase in global
temperatures - which are happening as predicted and are largely moderate -
would be augmented by a two or three degree centigrade increase by 2100 due to
water vapor. Their fear was that a
brighter sun would cause more evaporation and that the resulting water vapor
itself would become a greenhouse gas, raising global temperatures even
further. This prediction has not come to
pass in the past seventeen years of climate monitoring. The model was wrong.
In
his inaugural address, Obama demanded a reduction of carbon emissions to save
future generations from global climate change.
But this danger is proving to be illusory and largely addressed by free
market activity and public education.
The
gaping hole in carbon reductions efforts is China which refuses to act to cut
them. Claiming it is a developing
country, the world's second largest economy is its largest carbon emitter. Indeed, each year China's emissions grow by
an amount that exceeds the total emissions of Japan. So each year, the increase in Chinese GDP
(about $400 billion) causes more emissions than the total of the Japanese
economy which is ten times as much -- $5 trillion.
Obama
is using climate change as an excuse to regulate and tax American business
because that is what he believes in. But
the excuse is vanishing. So should the
regulations.
Comments:
Global
warming was always a hoax. The federal
government has squandered $ trillions on this and congressional hearings are in
order. It’s time to quit the UN and
close down “cap and trade”. The House should pass he bills and send them to the
Senate to pile up until 2014, it’s not that far away.
Norb
Leahy, Dunwoody GA Tea Party Leader
No comments:
Post a Comment