Climate change “deal” with China just an excuse for executive action
Given this “deal”, Obama seems to be a used car salesman’s dream, but I’ve come to believe there is a method to this madness. And it is madness:
President Barack Obama announced Wednesday that the U.S. has set a new goal to reduce emissions of greenhouse gases by between 26 percent and 28 percent over the next 11 years as part of a climate change agreement with China.
The new target is a drastic increase from earlier in Obama’s presidency, when he pledged to cut emissions by 17 percent by 2020. By contrast, Obama’s counterpart, Xi Jinping, did not pledge any reductions by a specific date, but rather set a target for China’s emissions to peak by 2030, or earlier if possible. Xi also pledged to increase the share of energy that China will derive from sources other than fossil fuels. China’s emissions have grown in recent years due to the building of new coal plants.
“This is a major milestone in the U.S.-China relationship,” Obama told a news conference in Beijing, with Xi at his side. “It shows what’s possible when we work together on an urgent global challenge.”
No. No it’s not anywhere near a “milestone” at all. If that’s the “deal”, he was owned by the Chinese premier. Instead it is another bad deal used to push an ideological desire. This certainly won’t be ratified as a treaty with a GOP Congress (if it is even submitted as a treaty). And anyone who thinks China won’t ignore, or unilaterally extend its 2030 peak use simply knows nothing about how China works.
So the “King” will, apparently, do further damage to the economy by using this bit of nonsense as his catalyst for umpteen executive orders because, you know he has a pen, a phone and an ideology.
Thank goodness that only lasts for 2 more years with a GOP Congress (assuming the GOP Congress has any fiscal balls when it comes to defunding the stupidity he commits to his “executive actions”). If you loved ObamaCare you’re going to rave about this bit of economic stupidity.
In the meantime, grab your wallets and bend over, here it comes again.