McCain Pushes ‘Cap-And-Trade’ Plan to Fight Global Warming
Business and Media
GOP presidential nominee John McCain is using the idea of global togetherness to promote “a cap-and-trade system” to battle climate change.
He said “Americans and Europeans need to get serious about substantially reducing greenhouse gas emissions in the coming years or we will hand over a much-diminished world to our grandchildren.”
According to the Arizona senator, whose opinion column appeared in the March 19 Financial Times, the United States needs to work with Europe to create a replacement for the Kyoto treaty.
“We need a successor to Kyoto, a cap-and-trade system that delivers the necessary environmental impact in an economically responsible manner.” He said America needs to be willing to be “persuaded” by our European allies. McCain’s column was headlined “America must be a good role model.”
However, he never addressed the potential costs of his proposal.
McCain talked about Americans and Europeans leading together but only said he wanted to “encourage the participation of the rest of the world, including most importantly, the developing economic powerhouses of China and India.”
But experience has already shown that government intervention in environmental issues can have negative consequences. Ethanol mandates have artificially inflated demand for corn and affected grocery prices. And recent studies have shown ethanol isn’t any better for the environment than burning fossil fuels.
Wild Thing’s comment……..
Oh shut up McCain. You aren’t helping getting yourself elected with stupid talk like that. At the very least, you could try keep up to date on the “global warming” farce instead of trying to be “popular” and parroting that idiotic nonsense..
Please God send us a miracle, send us someone else to vote for. waaaaa
McCain’s Cap and Trade system would allows for gradual reduction of emissions would control business production and create more bureaucracy to issue permits…require more accountability of govt to meet goals and deadlines.This is 1 step short of nationalizing businesses.
After they go after the big boys, Cap and Trade will be applied to you and I……we will be tracked as they drive down your standard of living.
Recent Comments