CLIMATE DEAL: CHINESE GAIN- AMERICAN PAIN

Posted By on November 13th, 2014

http://www.cfact.org/about/?utm_source=CFACT+Updates&utm_campaign=68c150e736-Chinese_gain_American_pain11_12_2014&utm_medium=email&utm_term=0_a28eaedb56-68c150e736-269736665

Friend,

With the elections over, the Obama administration is going “all in” on climate.

On election day the President suffered a major vote of no confidence in his policies.  What better way to seek cover, than a pivot to the heavily propagandized, hard to verify, holier-than-thou world of climate politics?

The White House memo on the deal states that this new agreement calls for the United States to reduce its emissions by 26-28% below 2005 levels by 2025, while China’s emissions would be permitted to peak by “around 2030, with the intention to try to peak early, and to increase the share of non-fossil fuel share of all energy to around 20% by 2030.”

In effect, the U.S. agreed to reduce CO2 emissions now, while China can go on expanding until 2030.  As Senator Inhofe pointed out, China is currently opening a new coal plant every ten days.  Does anyone really think that expanding the Chinese economy, while contracting the U.S. economy will have a meaningful impact on world temperature?

Ironically, this agreement comes at a time when Antarctic ice is at record levels, polar bears are increasing in numbers, and global temperatures haven’t risen in 18+ years.  The climate computer models on which the entire global warming scare depends on have yet to be right.

China is playing Obama for the fool.  It will do what is best to obtain competitive advantage for China, and is only too delighted to watch the free world raise its costs of production.  The main effect of deals such as this is to shift manufacturing overseas to countries like China and India who will gladly produce for us, and emit CO2 for us.

CFACT warned that China has become a “superpower climate rent-seeker” when Obama held a climate summit with the Chinese at California’s “Sunnylands.”

Take a look at what CFACT friend and advisor Joanne Nova had to say from Australia about this week’s agreement.

Australians saw through this folly and repealed their carbon tax.

What will it take to wake up the rest of the world?

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