It is looking more and more likely that President Obama will not try to pass any new cap and trade legislation through Congress. This is not the good news it appears to be. Instead, Obama will try and marshal legal authority from existing statutes, primarily the Clean Air Act, to force the reorganization of the entire U.S. economy (all businesses use energy) without any meaningful input from the American people.
Yes, there will be new legislation with tons of pork barrel spending for ‘green jobs’ that will be part of whatever stimulus the Democratic Congress puts on Obama’s desk on January 20th. But this is only the spending side of the equation. After that look for the Obama administration to abandon the democratic process and focus on a 100% bureaucrat generated plan to cap carbon. Three pieces of evidence for you: Continue reading . . .