IBD Editorials
. . . Obama "insists now is the time to "protect the one planet we've got while we still can." Though his rhetoric will resonate with those who want to hear that sort of bunkum, the rest of us recognize its vast emptiness.
"Obama's decision Friday was based on nothing more than political opportunity. The announcement was timed to coincide with the United Nations climate talks, which begin in Paris at the end of the month, and shaped to make him look like a strong leader.
"As usual, it was all about Obama, who craves the international approval and domestic back-pats he will get for being such a forward thinker.
"But here's what we have learned through almost seven years of his presidency — when it's all about Obama, the rest of us generally get a boot to the head. In the instance of his Keystone decision, we're talking lost jobs and energy prices that will be higher than they should be." . . .
And it's not just gasoline prices. Obama made it a goal to push the cost of burning coal in power plants so high that they will go bankrupt.
America is now a global leader, all right — in a costly fight against an imaginary enemy.
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