Democrat's Proposed "Green Policies" Will Cost US At least $3 Trillion & Accomplish Nothing
Obama has promised the world a new approach in dealing with global warming junk science. In its first negotiations the Obama administration is trying to convince other countries that the U.S. does care about global warming and wants to shape an international accord.
Out of the entire atmospheric makeup, only one to two percent is made up of greenhouse gases with the majority being nitrogen (about 78 percent) and oxygen (about 21 percent). Of that two percent, “planet-killing” carbon dioxide comprises only 3.62 percent while water vapor encompasses 95 percent. And of the amount of carbon dioxide in the atmosphere, humans cause only 3.4 percent of annual CO2 emissions. What does this all boil down to? As shown by the accompanying graph, not very much.
Indeed, anthropogenic effects are real but carbon is such a small portion of the natural cycle, and let’s not forget both the sun and carbon are needed for natural cycles that are good for the earth such as photosynthesis—the process by which plants turn sunlight, water and carbon dioxide into carbohydrates. (For more, check out this Global Warming Primer published by the National Center for Policy Analysis.)
Perhaps the most alarming part is the price tag associated with attempting to reduce such a small part of the atmosphere and something we really cannot control. Our analysis shows the cumulative GDP losses for 2010 to 2029 approach $7 trillion. Single-year losses exceed $600 billion in 2029, more than $5,000 per house¬hold. Job losses are expected to exceed 800,000 in some years, and exceed at least 500,000 from 2015 through 2026. It is important to note that these are net job losses, after any jobs created by compliance with the regulations–so-called green jobs–are taken into account. In total, the “climate revenue” (read: energy tax) could approach two trillion over eight years. Keep in mind, this is all for negligible environmental benefits.
The science behind global warming is anything but conclusive. Many leading climatologists conclude that climate models aren’t incredibly accurate and even have different opinions (for instance whether it is the sun or oceanic changes) as to what the dominant causes are of global warming and cooling.
This sounds like just the thing the US needs now during recession.
**Cap and Trade Will Cost US 4 Million Jobs
**WH Budget Director Orszag Admits Obama’s Policy Will Increase Energy Costs
**Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket (Video)
**Obama’s Solar Panels Will Take 110 Years to Pay For Themselves
** 2.2 Jobs Lost For Every New Green Job
UPDATE: Meanwhile in the real world… The Southern Plains including Texas and Oklahoma are suffering from a rare spring blizzard this weekend.