What about risks from anti-energy policies imposed in the name of stopping climate change?
President Obama continues to use “dangerous manmade climate change” to justify a massive regulatory onslaught that will “fundamentally transform” America’s energy, economic, business, industrial, social, legal and constitutional systems before he leaves office.
The more science batters alarmist claims, the more people realize that plant-fertilizing carbon dioxide makes life on Earth possible, the more China, India and other developing countries burn oil, gas and coal and increase their CO2 emissions to lift billions out of poverty, malnutrition, disease and brutally short lives – the more the administration issues draconian climate edicts.
Almost every department, agency and bureaucrat that didn’t eagerly volunteer has been dragooned to aid the campaign: from the EPA and Agriculture, Interior, Defense and State Departments, to the Overseas Private Investment Corporation. The Securities and Exchange Commission is the latest agency to re-up.
Pressure from climate and environmental activist groups “persuaded” the SEC to release its initial “interpretive guidance” on climate change in January 2010. It purported to help companies decide when they must disclose how their business might be affected by actual physical climate change, by direct impacts from laws, regulations or international agreements, or indirectly by effects on business trends.