The Obama administration is pushing forward with plans to aggressively limit greenhouse gas emissions and fight global warming despite fears that the move could further slow the recessionary economy.and
The administration plans to portray the limits as a boost for America's "clean energy economy," according to congressional leaders and energy experts who have talked with top Obama advisors. The move would spur competition and promote investment in renewable alternatives to imported oil, the government will argue.
But cap-and-trade would amount to a tax, raising energy costs. And several independent studies have suggested that emissions limits could be a drag on economic growth,
The anti-employment mentality is really here in America!
