From Bloomberg, “Weak Economy Puts U.S. Halfway to Obama’s CO2 Cut“:
Dec. 8 (Bloomberg) — Carbon dioxide output from the U.S. energy sector has already fallen half as much as needed to meet the 2020 emissions reduction target the Obama administration took to the Copenhagen climate-change summit.
So if we can just slow the economy down even more, the United States will live up to Copenhagen’s standards.
The story quotes the NAM’s Keith McCoy, our vice president who handles resource and energy policy.
“The very nature of cap-and-trade is to make fossil fuel more expensive,” McCoy said. “All jobs should be factored into the equation, not just green jobs.”
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