Wednesday, March 04, 2009

CQ Politics | Democratic Revolt May Slow Obama's Climate Scam Agenda
Democratic Reps. Jim Matheson of Utah and Gabrielle Giffords of Arizona have joined a quiet revolt in the House that could slow some of President Obama's fast-moving priorities.

The two are among 49 Democrats from congressional districts that backed Republican Sen. John McCain 's 2008 presidential race and whose support for the Democratic majority's progressive agenda is increasingly not assured.
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The defections could cause heartburn for Democratic leaders charged with ushering through Obama's three biggest priorities: a health care overhaul, a cap-and-trade system to curb carbon emissions and his fiscal 2010 budget blueprint.
EU Leaves Open Options for Climate Scam Wealth Transfer to Developing World
EU environment ministers refused to be drawn on the best system for rich countries to transfer billions of dollars to emerging markets such as China and India as part of any new agreement to fight global warming. The developing world may need as much as 54 billion euros ($68 billion) a year by 2030 to adapt to climate change, according to UN projections cited by the EU.
Santos Halts Nonsensical $450 Million Moomba Carbon-Storage Plan
March 3 (Bloomberg) -- Santos Ltd., Australia’s third- biggest oil and gas producer, suspended its Moomba carbon- storage project, a victim of weak government support and plunging prices for permits to release greenhouse gases.

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