Thread: Cap and Trade
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Old 11-25-2009, 12:37 PM   #12
classicman
barely disguised asshole, keeper of all that is holy.
 
Join Date: Nov 2007
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Quote:
President Obama will vow to cut US carbon emissions by 17% by 2020, when he attends the climate summit in Copenhagen.
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Just a thought here.... He won't be president in 2020. I know its just poorly written, but still.

Quote:
President Barack Obama is to pledge to cut greenhouse gas emissions in the US in several stages, beginning with a 17% cut by 2020, the White House has said.

The offer will be made at December's UN climate talks in Copenhagen, which Mr Obama will attend.

But he does not plan to be there for the crucial last days, when delegates including other world leaders are hoping to pull together a deal.
OK so the scenario goes like this. We cut our emissions and lessen our dependence on foreign oil. Heck lets say at some point, hopefully, we aren't at the mercy of these countries that hate the US. What then? What happens to the price of oil when we aren't buying it anymore?
If they cannot command the rates they currently are getting how will they support their "friends"? Are they going to simply go away? Will they be less powerful or more determined than ever and take even more drastic measures?
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