DJ Argentina Soy Conditions Vary; Some Early Frost Damage-Ag Secy

BUENOS AIRES (Dow Jones)-- With over half of the soy harvest complete, conditions vary widely with drought damage in much of the early soy and late soy in some areas suffering from early frosts, the Agriculture Secretariat said in its weekly crop report Wednesday.

Obama's energy, climate plans would drag U.S. back to 1905 – or 1862

President Obama wants to prevent “runaway global warming,” by slashing U.S. carbon dioxide emissions to 80% below 1990 levels by 2050. According to Oak Ridge National Laboratory data, this would return the country to emission levels last seen in 1905!

The Wright brothers had just made history. Coal and wood heated homes. Few had telephones or electricity. New York City’s vehicle emissions were 900,000 tons of horse manure annually. Life expectancy was 47.

But America’s 1905 population was 84 million, versus 308 million today. We didn’t have cars, jetliners or electricity for offices, factories, schools and hospitals. To account for those factors, we’d have to send CO2 emissions back to 1862 levels.

The Civil War was raging. The industrial revolution was in its infancy. Malaria, typhus and cholera killed thousands every year. Life expectancy was 40 – half of what affordable energy helps make it today.