Paul Driessen: President Obama’s red sea

As 2,600 delegates flew greenhouse-gas-spewing jetliners to Bonn for another five-star-hotel UN climate change confab, envoy Todd Stern announced that the White House is “seized with the urgency” of tackling runaway global warming. Looming on the horizon is a hulking 648-page House climate change bill. Equally monstrous Senate and EPA versions wait in the wings.

President Obama wants energy prices to “skyrocket,” to coerce Americans to slash carbon dioxide emissions 80% below 1990 levels by 2050 – to levels last seen in 1905! He says cap-and-trade will “raise” $656 billion between 2012 and 2019, to fund green energy, green job and other government programs. The National Economic Council and other analysts put the tax bite at $1.3 to $3.0 trillion.

This is not monetary manna. It is a massive wealth transfer – extracted from every hydrocarbon-using business, motorist and family, and doled out by Congress and bureaucrats to politically favored constituencies. These all-intrusive energy taxes will hit poorest households hardest.

Chu wants US national laboratories to burn more resources on climate scam

U.S. national laboratories should continue treating nuclear arsenal maintenance as their top priority while they take on new missions involving climate change and advanced energy technology, Energy Secretary Steven Chu said Friday (see GSN, April 9).