Obama’s Global-Warming Folly ; No, Mr. President, we don’t need a war on coal.

Charles Krauthammer   This is only part of Mr. Krauthammer's article, but we have posted an extra large portion of it- for those not inclined to do more than merely skim this blog- so you can see Krauthammer's main point:

...."For the sake of argument, nonetheless, let’s concede that global warming is precisely what Obama thinks it is. Then answer this: What in God’s name is his massive new regulatory and spending program — which begins with a war on coal and ends with billions in more subsidies for new Solyndras — going to do about it?

"The U.S. has already radically cut CO₂ emissions — more than any country on earth since 2006, according to the International Energy Agency. Emissions today are back down to 1992 levels.

"And yet, at the same time, global emissions have gone up. That’s because — surprise! — we don’t control the energy use of the other 96 percent of humankind.

"At the heart of Obama’s program are EPA regulations that will make it impossible to open any new coal plant and will systematically shut down existing plants. “Politically, the White House is hesitant to say they’re having a war on coal,” explained one of Obama’s climate advisers. “On the other hand, a war on coal is exactly what’s needed.”

"Net effect: tens of thousands of jobs killed, entire states impoverished. This at a time of chronically and crushingly high unemployment, slow growth, jittery markets, and deep economic uncertainty.

"But that’s not the worst of it. This massive self-sacrifice might be worthwhile if it did actually stop global warming and save the planet. What makes the whole idea nuts is that it won’t. This massive self-inflicted economic wound will have no effect on climate change."...Read more...

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