Turnbull won't back ETS in current form - ABC News (Australian Broadcasting Corporation)

The Federal Coalition has strengthened its opposition to the Government's proposed emissions trading scheme (ETS).

The Associated Press: Republicans criticize Obama's budget plan

"The president and his allies in Congress want to spend too much, tax too much, and borrow too much," Sen. Charles Grassley of Iowa says in the Republicans' weekly radio address. "Somebody has to pay — if not the middle class now, then later. Eventually the middle class gets hit."
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He also said Obama's proposal for mandatory limits on carbon dioxide emissions to combat climate change will lead to higher energy costs and amount to an "average hidden tax increase of around $3,000 per household a year." The Obama administration maintains that revenue from auctioning off carbon emission allowances would offset much of the higher energy costs for many Americans.

Scientists are grim, economists more optimistic about climate scam - NYTimes.com

At the congress, it seemed that all the scientists had to share with their peers was bad news, but a number of economists saw the climate crisis rather as an historic opportunity to reorganize the world economy and develop new, clean and job-creating activities.