We’re getting closer to an Armageddon climate policy scenario. Last week ten Democratic Senators told the President that they will not support any global warming legislation that does not protect domestic industry with carbon tariffs. This is a big step toward an economically ruinous trade war.
At issue is the $45 trillion climate question: Who’s gonna pay to green the global economy? The combustion of hydrocarbon fuels-which accounts for 85% of the world’s primary energy-is the “cause” of the global warming…
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