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Tags: Barack Obama | China | China Climate Pact | Xi Jinping

Obama's Climate Deal Is a Man-Made Disaster

Larry Bell By Monday, 17 November 2014 08:40 AM EST Current | Bio | Archive

President Obama’s agreement with Supreme Leader Xi Jinping trades away near-term U.S. energy security and prosperity for vague and distant promises. While cheered by his mainstream media acolytes, any illusions of real meaningfulness are likely not shared by China’s state-run media.

Recognizing Obama’s desperation to restore an aura of leadership and relevance following his party’s mid-term trouncing, an editorial posted just prior to his visit in Beijing’s Global Times was brutally candid. Referring to 2008 presidential campaign mantra, it said "Obama always utters 'Yes, we can,' which led to the high expectations people had for him. . . . But he has done an insipid job, offering nearly nothing to his supporters. U.S. society has grown tired of his banality."

No, rather than historic, the China climate pact is more accurately described as histrionic. It is certainly not the “seriously huge” development which Ambassador Samantha Power proclaimed; anything of “great consequence” that John Kerry characterized; or a “win” that NBC hailed.

Under terms of the understanding, Supreme Leader Xi Jinping agrees “to intend to” shift at least 20 percent of Chinese energy production to non-fossil fuels and achieve peaking of fossil CO2 emissions by 2030 . . . at which point emissions are to begin receding. Incidentally, this shift to non-fossils is principally directed away from coal to nuclear power — not to windmills and sunbeams — and is something they have intended to do for some time.

China’s transition from coal isn’t really about carbon dioxide “pollution” (plant food). Rather, it is because unbreathable air resulting from irresponsibly unfiltered particulates is causing serious health problems leading to premature deaths. And as for cresting CO2 emissions by 2030, the U.S. Energy Information Administration, BP’s Statistical Review of World Energy, the Lawrence Berkeley National Laboratory, and the academic journal Energy Policy all predict that current demographic and urbanization trends will cause this to occur anyway.

In exchange for these much heralded non-concessions, our negotiator-in-chief pledged that the U.S. will cut CO2 emissions by as much as 28 percent below 2005 levels by 2025, suggesting a doubling of the annual reduction pace he set in 2009. Accordingly, using an argument that China is following his lead to fight “climate change”, he now has even greater moral authority — nay, obligation — to double down on his administration’s anti-carbon EPA regulatory agenda.

Economic, business and social impacts be damned. The U.S. Chamber of Commerce estimates that new EPA rules on CO2 power plant emissions alone will shut down hundreds of coal-fired generators, add $289 billion in consumer electricity costs and lower household disposable incomes by $586 billion by 2030. The Chamber also projects that the regulations will cost the U.S. economy 2.3 million jobs and half a trillion in lost GDP over the next ten years.

But there’s still a hitch in such plans. Unlike Supreme Leader Xi, President Obama must ultimately deal with pesky constitutional limitations on his executive deal-doing and rule-making prerogatives. This is an especially troublesome problem now that his party no longer controls Congress.

A Republican-dominated majority can use the federal budget process to squeeze EPA’s operations and tie measures to kill EPA rules to must-pass spending rules. It can also apply a rarely used Congressional Review Act to repeal EPA regulations.

Incoming Senate majority leader Mitch McConnell pledges that his main goal upon taking the gavel will be to get “the EPA reined in.” Questioning the stringency of the Sino-American deal, he observed, “As I read the agreement, it requires the Chinese to do nothing at all for 16 years, while the carbon emission regulations are creating havoc in my state and across the country.”

Sen. McConnell’s sentiments and priorities are strongly endorsed and championed by Sen. James Inhofe , R-Okla.,  who will become chair of the Senate Environment and Public Works Committee. The well-informed critic of climate alarmism recently pledged, “As we enter a new Congress, I will do everything in my power to rein in and shed light on the EPA’s unchecked regulations.”

Sen. Inhofe who has referred the Chinese pact as a “non-binding charade” clearly understands that while climate really does change — always has and will — it just hasn’t done so lately. Satellite records reveal that global mean temperatures have been flat over the past 18 years despite rising atmospheric CO2 levels. None of the vaunted theoretical climate models which projected Armageddon have been proven remotely close to reality.

Chinese media, hence leadership, portrays President Obama as someone urgently seeking an agreement that will help burnish his faded leadership and legacy. Recognizing that he would accept nearly anything, he was offered a fool’s bargain that our nation and citizens can’t afford.

Larry Bell is an endowed professor of space architecture at the University of Houston where he founded the Sasakawa International Center for Space Architecture (SICSA) and the graduate program in space architecture. He is author of “Climate of Corruption: Politics and Power Behind the Global Warming Hoax,” and his professional aerospace work has been featured on the History Channel and the Discovery Channel-Canada. Read more of his reports - Click Here Now.

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President Obama’s agreement with Supreme Leader Xi Jinping trades away near-term U.S. energy security and prosperity for vague and distant promises.
Barack Obama, China, China Climate Pact, Xi Jinping
Monday, 17 November 2014 08:40 AM
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