Friday, April 9, 2010

World Bank on Climate Control

E-mail to Congress:

EIN News says, "World Bank Backs Loan for South Africa Power Station. The World Bank has approved a $3.75 billion loan for a huge new coal-fired power station in South Africa, despite environmental concerns. (bbc.co.uk)".

Without further details, it appears that the Administration of the World Bank has made a proper and perhaps a landmark decision. We don't know exactly what the term "despite environmental concerns" means, but it is probable that the huge plant will not have the sequestration of carbon dioxide.

If this is true, World Bank Administration apparently believes that atmospheric carbon dioxide does not lead to significant global warming, at least two of the extent that it is more important then South Africa's GDP.

Since this is apparently true for South Africa, would it not also be true for the US? This again brings us back to the fact that consideration of carbon dioxide sequestration and Cap & Trade is only another tax gimmick is not related to any environmental factors.

With this consideration, I again urge you to vote against any Cap & Trade regulations or anything related to carbon dioxide sequestration. I also urge you to work vigorously against the whole idea, and particularly against the EPA, which appears to be following Pres. Obama's directives, even though EPA was established by Congress.

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