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President-Elect Obama has apparently bought into the "80% reduction by 2050" wish. ("A goal without a plan is just a wish.", Antoine de St. Exupery)
The investments required to implement this wish, along any realistic planning path, should not exceed ~$1 trillion per year over the period.
Regrettably, after 40 years and ~$40 trillion, global annual CO2 emissions would likely be higher than today, as the result of the dramatic emissions increases occurring in the developing world, which shows little willingness to halt its development. Imagine that!
I find rubbing my hands w/ a little "hope and change" keeps me warm.
All those Liberals up in New England can keep themselves comfortable in the cold winters with the warm and fuzzy feeling they get when thinking about a President Obama and the Liberal leadership of a Democratic controlled Congress.
And perhaps Californians can gather around their burning homes to warm themselves up in the winter and hike up into the mountains to cool themselves off in the summer.
Al Gores disaster global warming is a state of fear insurance scam. Cap and Trade is just another way to make people feel good about being taxed. It has already be called a scam by the Financial Times of London because there is no proof that it is effective. This is a 21st Century version of the Rainmaker.
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