Remarks of Senator Barack Obama, 4/3/06
posted in Barack Obama (D), Candidates, Global warming, Issues |Original source: http://globalwarming-factorfiction.com/2007/05/16/remarks-of-senator-barack-obama-4306/
Sen. Obama appears to want greater efforts given to conservation and the discovery/use of alternative fuels. He also appears to think that we are in the midst of a global warming crisis caused by man.
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The idea here is simple: if you’re a business that can’t yet meet the lower cap we’ll put on harmful carbon emissions, you can either purchase credits from other companies that have achieved more than their emissions goal, or you can temporarily purchase a permit from the government, the money from which will go towards investments in clean energy technology. As Fred Krupp, the president of Environmental Defense has said, “Once you put a value on carbon reductions, you make winners out of innovators.”
