Two more posts from Hot Air

Hot Air » Blog Archive » Detroit News: Obama energy plan populist pandering
Hot Air » Blog Archive » Cap and trade: a failing gamble in Europe

Europe can’t even point to success in its own cap-and-trade system to entice the US or any of the developing nations. They’ve tried to cook the numbers by jiggering the baseline calculations for their metrics, but the truth is that carbon outputs have increased under the European system. Meanwhile, the US has cut emissions by 1.3% during the same period without a cap-and-trade system.

The EU hopes that the US doesn’t notice its failure, and that we use our clout to bring in a few more saps. At this point, the only thing that can save Europe’s business class is the hope that everyone else is too stupid to realize that they’re being conned.