E-mail to Congress:
EIN News says, "Dramatic American Intervention Brings Climate Deal Closer. The United States today pledged support for a $100 billion annual climate protection fund in a move that could clinch a global deal just as the Copenhagen summit appeared to be heading for failure. Hillary Clinton, the Secretary of State, attached strong conditions to the US contribution to the fund, including a demand that China accept independent scrutiny of its emissions reductions. (timesonline.co.uk)".
Bad news! It looks like Pres. Obama is heading for a fight with the U.S. Senate. He had previously been advised in a Congressional letter to go easy. He has apparently taken no heed of this admonition. He will be looking for a substantial portion of the $100 billion gross pledge. Congress will have to come up with the money. Although there are some very knowledgeable Democrats, many of them are too stupid to analyze the situation from both the destructive financial aspect for the US and the ridiculous need to do something that doesn't need doing.
The only saving grace may be China. I believe these people are smart enough to know that any significant reductions in CO2 emissions will materially hurt their economy. They will also probably lean on autonomy, as justification for not allowing inspections. Iran has been very successful in this maneuver, with respect to atomic weapon development. In the case of China, I hope they use it to bring about a realization to the Obama Administration and Congress that trust alone is ridiculous. Pres. Reagan said, "Trust but verify". Sec. Clinton appears to be following that route, but will she be adamant in pursuing a program which never had a sound basis of reality?
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