Pres Bush To Veto Global Warming Bill

[red states rule]

Thank God!!

This piece of crap will cost the US economy $6 Trillion


Bush would veto U.S. climate change bill

By Deborah Zabarenko, Environment Correspondent

WASHINGTON (Reuters) - Even before debate began on Monday on the first comprehensive climate change bill to reach the U.S. Senate floor, the White House said President George W. Bush would veto it in its current form.

Bush himself slammed the bill, saying it would cost the U.S. economy $6 trillion. His estimate drew quick denials from those who support the legislation, including Sen. Barbara Boxer, a California Democrat and longtime environmentalist.

The Bush administration has consistently opposed economy-wide measures to limit climate-warming emissions of carbon dioxide. The United States is alone among major developed countries in rejecting the carbon-capping Kyoto Protocol, which sets more stringent targets than the bill headed for Senate debate.

"I urge the Congress to be very careful about running up enormous costs for future generations of Americans," Bush said at a White House meeting on the economy and taxes. "We'll work with the Congress, but the idea of a huge spending bill fueled by tax increases isn't the right way to proceed."

http://uk.reuters.com/article/oilRpt/idUKN0230635720080602

[midcan5]

Jeez, and here I thought he only vetoed bills which helped children, the man is expanding as his reign of incompetence comes to a thankful end.

[red states rule]

Jeez, and here I thought he only vetoed bills which helped children, the man is expanding as his reign of incompetence comes to a thankful end.

You mean the bogus healthcare bill that would have provided taxpayer funded health care for families making $80,000/yr?

There is no global warming to correct. Just a scam to piss thriugh more tax dollars

[Trigg]

On November 12, 1998, Vice President Al Gore symbolically signed the protocol. Both Gore and Senator Joseph Lieberman indicated that the protocol would not be acted upon in the Senate until there was participation by the developing nations.[66] The Clinton Administration never submitted the protocol to the Senate for ratification.

The Clinton Administration released an economic analysis in July 1998, prepared by the Council of Economic Advisors, which concluded that with emissions trading among the Annex B/Annex I countries, and participation of key developing countries in the "Clean Development Mechanism" — which grants the latter business-as-usual emissions rates through 2012 — the costs of implementing the Kyoto Protocol could be reduced as much as 60% from many estimates. Other economic analyses, however, prepared by the Congressional Budget Office[citation needed] and the Department of Energy[citation needed], Energy Information Administration (EIA)[67], demonstrated a potentially large loss to GDP from implementing the Protocol of up to 4.2% (EIA).

The current President, George W. Bush, has indicated that he does not intend to submit the treaty for ratification, not because he does not support the Kyoto principles, but because of the exemption granted to China (the world's largest emitter of carbon dioxide[68]). Bush also opposes the treaty because of the strain he believes the treaty would put on the economy

http://en.wikipedia.org/wiki/Kyoto_protocol


Seems Clinton the first also didn't fully agree with the protocol

[red states rule]

http://en.wikipedia.org/wiki/Kyoto_protocol


Seems Clinton the first also didn't fully agree with the protocol

He knew it would wreck our economy. Welcome to the wonderful wacky world of half baked liberalism

[ranger]

Global warming is a smoke screen used by socialists such as Al Bore and others to enact laws allowing them to spread socialism. Once they've taken care of big oil, then they'll set their sights on something else until the government runs everything and we are all serfs.