Monday, February 1, 2010

NYT: Obama's $3.8T Budget Lays Groundwork for Cap-And-Trade

According to this NYT's article, President Obama's new budget proposal includes a 'placeholder' for Cap and Trade. President Obama wants to go 'full speed ahead' with Cap and Trade in spite of mounting evidence of bogus claims in the IPCC reports and the Climategate email scandal.

The president's $3.8 trillion spending plan calls for lawmakers to set up a "comprehensive market-based climate change policy" that would curb heat-trapping emissions in the range of 17 percent below 2005 levels by 2020, followed by midcentury cuts of more than 80 percent.

1 comment:

10ksnooker said...

damn the lies, full speed ahead.