Obama addresses global warming summit

Boston.com | Foon Rhee | Nov. 18, 2008

Obama is pledging to make America more energy independent and to also slash carbon emissions by focusing on alternative sources such as wind and solar. He is also vowing to work more cooperatively with other nations on climate change.

“Few challenges facing America — and the world – are more urgent than combating climate change,” he says in the video. “The science is beyond dispute and the facts are clear. Sea levels are rising. Coastlines are shrinking. We’ve seen record drought, spreading famine, and storms that are growing stronger with each passing hurricane season. Climate change and our dependence on foreign oil, if left unaddressed, will continue to weaken our economy and threaten our national security.

Obama continues that “too often, Washington has failed to show the same kind of leadership. That will change when I take office. My presidency will mark a new chapter in America’s leadership on climate change that will strengthen our security and create millions of new jobs in the process.

“That will start with a federal cap and trade system,” he says. “We will establish strong annual targets that set us on a course to reduce emissions to their 1990 levels by 2020 and reduce them an additional 80 percent by 2050. Further, we will invest $15 billion each year to catalyze private sector efforts to build a clean energy future. We will invest in solar power, wind power, and next generation biofuels. We will tap nuclear power, while making sure it’s safe. And we will develop clean coal technologies.

“This investment will not only help us reduce our dependence on foreign oil, making the United States more secure. And it will not only help us bring about a clean energy future, saving our planet. It will also help us transform our industries and steer our country out of this economic crisis by generating five million new green jobs that pay well and can’t be outsourced.”

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That’s seven (7) bold faced lies! If this is any indication of what we have to look forward to under an Obamunist regime we’re serious trouble.

Let’s not think of them as lies. Let’s think of them as the Current Truth. And in four to eight years the Current Truth will be that Mr. Obama lowered sea level (as promised), which is why we didn’t notice the sea level rising.

Ironically, some of the energy companies may do well unless additional measures are taken. Those that conduct CO2 flooding to increase oil recovery, for example, may actually make money off of this racket. Don’t worry, though, that problem can be fixed by taxing unfair “windfall” profits.