Nudging Obama

Formerly "Obama Watch" Keeping the promise of change

Come On, President Obama, the climate bill is deeply flawed

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June 29, 2009 10:36 AM

Come On, President Obama

Friday afternoon the House passed, quite narrowly, a deeply flawed climate change bill. This weekend, Mr. Obama, who is an enthusiastic supporter of the legislation even though it gutted many provisions on which he campaigned in an effort to woo coal legislators, had only a single complaints – that the legislation imposes a tariff, in 2020, on countries who are without a system for limiting CO2 emissions.

That is it? I have to say that this bodes very badly for improving the House bill as climate change legislation is considered in the Senate. If the public does not know what needs to be improved, it will only be weakened further.


Written by bearmarketnews

July 1, 2009 at 1:42 am

Posted in Uncategorized

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