POLITICS

2010 Redux: Team Obama goes all in on global warming

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Politics,Chris Stirewalt,Power Play

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Buzz Cut:
• 2010 Redux: Team Obama goes all in on global warming
• Sebelius still tapping companies for ObamaCare donations?
• Planet Hillary clamps down on access
• Unions reeling after Tennessee loss
• Everybody gets a trophy, even Franklin Pierce

2010 ALL OVER AGAIN: TEAM OBAMA GOES ALL IN ON GLOBAL WARMING
“Climate change can now be considered another weapon of mass destruction, perhaps the world’s most fearsome weapon of mass destruction.” – Secretary of State John Kerry in a speech in Indonesia.

Republicans credit their landslide victory in 2010 to opposition to ObamaCare, yes. But GOP strategists also credit Obama Democrats’ focus on global warming for a considerable slice of their historic midterm gains. Five years ago today, President Obama signed a stimulus package of nearly $1 trillion and then immediately pivoted to other issues even though Americans were still deeply concerned about the economy. At the top of Obama’s to-do list, right behind the pledge of universal insurance coverage, was action on global warming. Obama’s preferred plan was to have the government sell costly carbon-emission permits to industrial corporations that could then re-sell and trade them on a commodities market. The so-called “cap and trade” program had a vogue with moderate Republicans since it sounded free-market-ish, but that support quickly evaporated in the face of the recession that followed the Panic of 2008.

[AP: “U.S. Secretary of State John Kerry on Sunday … mocked those who deny its existence or question its causes, comparing them to people who insist the Earth is flat. … ‘We simply don't have time to let a few loud interest groups hijack the climate conversation,’ he said, referring to what he called ‘big companies’ that ‘don’t want to change and spend a lot of money’ to act to reduce the risks…"We should not allow a tiny minority of shoddy scientists and science and extreme ideologues to compete with scientific facts,’ Kerry told the audience at a U.S. Embassy-run American Center in a shopping mall. ‘Nor should we allow any room for those who think that the costs associated with doing the right thing outweigh the benefits.’]

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