In his press conference Barack Obama said:
I am a firm believer that climate change is real, that it is impacted by human behavior and carbon emissions.
We can’t attribute any particular weather event to climate change. What we do know is the temperature around the globe is increasing faster than was predicted even 10 years ago.
The reality: Global warming stopped 16 years ago.
Research shows the new figures mean that the 'pause' in global warming has now lasted for about the same time as the previous period when temperatures rose, 1980 to 1996.
Why do liberal politicians continue to warn us about global warming caused by carbon emissions?
It’s the “cap and trade” scam that will allow the government to “tax” businesses for whatever they emit into lakes and streams or into the atmosphere.
Just what is cap and trade and how does it work?
Under a cap and trade system, a government authority first sets a cap, deciding how much pollution in total will be allowed.
Next, companies are issued credits, essentially licenses to pollute, based on how large they are, what industries they work in, and so forth.
If a company comes in below its cap, it gets extra credits, which it may trade with other companies.
If a company goes above its cap and it doesn't have carbon credits it is charged a carbon tax based on measured emissions.
This tax, just like any other additional tax to businesses, is passed on to consumers in the form of higher costs for goods and services.
Cap and trade is a fertile ground for political corruption.
Democrat Congressman Henry Waxman used cap and trade “breaks” as bribes to gain votes in an attempt to pass cap and trade in 2009 as reported here.
Al Gore’s attempt to be the first carbon billionaire failed when his Chicago Climate Exchange (CCX) went belly up in 2010 as reported here.