Saturday, March 7, 2009

Global Warming and the President.

First things first. I am still working on my stimulus plan, as it turns out to be pretty complicated with some of the logic and calculations involved. But, it is on the way.

Well, here is my question: Should the government really be as focused on climate change policies right now, with the economy in a tailspin (The Dow is below 7000, less than half of what it was at its peak last year), Iran pushing hard for nuclear weapons (here & here), and a growing movement within the scientific community (here & here) that argues that climate change is not what Al Gore has led us to believe? There are some major economic negatives that would result from the so-called cap & trade approach that President Obama is so strongly advocating. There are some real advantages to "clean" energy, in that most of them can be produced here in the U.S., moving us closer to energy independence. However, for real energy independence, all of our energy sources must be utilized, including our own oil reserves and our coal (the U.S. is like the middle east of coal). If we allowed U.S. companies to go after all of these energy sources, that could be very beneficial in the long run. Unfortunately, President Obama's absolute acceptance of global warming is forcing him to put harsh restrictions on our most valuable energy sources (oil and coal). In today's world, is this acceptance really going to do us that much good?

As always, comments are welcome and encouraged.

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