Jul

13

Obama’s carbon emission bill to licence pollution and fraud

Filed Under Obama Cap and Trade, US Carbon Market, US Carbon Trading | Comments Off

On May 15, HR 2454: American Clean Energy and Security Act of 2009 was introduced in the US House of Representatives, purportedly “To create clean energy jobs, achieve energy independence, reduce global warming pollution and transition to a clean energy economy”.

In fact, it’s to let corporate polluters reap huge windfall profits by charging consumers more for energy and fuel, and create a new bubble through carbon trading derivatives speculation.  Read more

Jul

8

Greenpeace Makes Urgent Call for Climate Action From Face of Mt. Rushmore

Filed Under Climate Change, Obama Cap and Trade | Comments Off

This morning, 11 daring Greenpeace climbers hung a banner on Mount Rushmore challenging President Obama to show real leadership on global warming. The banner, measuring sixty-five feet high by thirty-five feet wide, features an unfinished portrait of Obama with the message, “America honors leaders not politicians: Stop Global Warming.” The demonstration comes as President Obama meets other G8 leaders in L’Aquila, Italy today to discuss the global warming crisis in the lead-up to UN climate treaty negotiations in Copenhagen this December. Read more

Jul

8

Pelosi Statement on G-8 Summit Agreement on Global Warming

Filed Under Carbon Emissions, Obama Cap and Trade, Pelosi Cap and Trade | Comments Off

Speaker Nancy Pelosi released the following statement today on news that the Obama Administration, joined by other G-8 leaders in Italy today, agreed in principle to reduce greenhouse gas emissions in developed countries by 80 percent by 2050:

“The agreement reached by the G-8 today demonstrates that President Obama and the international community are committed to addressing climate change, and doing so with great urgency. This underscores the importance of the American Clean Energy and Security legislation passed by the House last month because the United States will be negotiating in Copenhagen with the weight of strong congressional action. Read more

Jun

28

Obama Weekly Radio Address: Calls Energy Bill Passage Critical to Stronger American Economy

Filed Under Green Jobs, Obama Cap and Trade | Comments Off

THE WHITE HOUSE

Office of the Press Secretary

EMBARGOED UNTIL 6:00 AM ET, SATURDAY, June 27, 2009WEEKLY ADDRESS: President Obama Calls Energy Bill Passage Critical to Stronger American Economy

WASHINGTON – In his weekly address, President Barack Obama praised the House of Representatives for passing the energy bill on Friday evening. This historic piece of legislation will not just lessen our dependence on foreign oil, but also spark a clean energy transformation in our economy that will create millions of new American jobs that pay well and cannot be outsourced. Clean energy and the jobs it creates are critical to building a new foundation for our economy.

The audio and video will be available at 6:00am Saturday, June 27, 2009 at www.whitehouse.gov.

Prepared Remarks of President Barack Obama
Weekly Address
The White House
June 27, 2009

Yesterday, the House of Representatives passed a historic piece of legislation that will open the door to a clean energy economy and a better future for America.

For more than three decades, we have talked about our dependence on foreign oil.  And for more than three decades, we have seen that dependence grow.  We have seen our reliance on fossil fuels jeopardize our national security.  We have seen it pollute the air we breathe and endanger our planet.  And most of all, we have seen other countries realize a critical truth:  the nation that leads in the creation of a clean energy economy will be the nation that leads the 21st century global economy.  Read more

Jun

25

Corporate Heavyweights Push Obama Climate Plan

Filed Under American Clean Energy and Security Act, Obama Cap and Trade | Comments Off

In an open letter to President Obama and Congress, twenty of America’s largest corporations including Nike (NYSE: NKE - News), Starbucks (Nasdaq: SBUX - News) and Hewlett-Packard (NYSE: HPQ - News), stated: “Putting a price on carbon will drive investment into cost-saving, energy-saving technologies, and will create the next wave of jobs in the new energy economy.”

The “We Can Lead” (www.wecanlead.org) campaign is part of broad effort to lend support to President Obama’s climate change legislation, leading up to a key House vote tomorrow. At his press Read more

Mar

14

Obama Hints At Free Carbon Permits

Filed Under Carbon Allowances, Carbon Auctions, Carbon Permits, Obama Cap and Trade | Comments Off

Now he’s starting to come back down to earth.  No way a 100% auction of carbon allowances would ever fly in the middle of the worst economic and stock market downturn since the Great Depression.

Reuters reported that Oboma made the following statements at the Business Roundtable on Thursday:

If it’s so onerous that people can’t meet it, then it defeats the purpose and politically we can’t get it done anyway, so we’re going to have to find a structure that arrives at that right balance .

His problem though, is that his budget DEPENDS on the auctioning off of these permits.  Without the auctioning of 100%, he’s got a hole he needs to fill.

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