Acting, or rather threatening to act, the Waxman-Markey climate bill just passed by the U.S. House has a trade penalty provision a href="http://news.yahoo.com/s/afp/20090629/sc_afp/climateusenergypoliticstradeobama_20090629024951"against countries that don’t adopt their own global warming legislation/a. That’s you, China, followed by India, etc.br /br /But, President Obama opposes it, calling it protectionist. (That said, I don’t know if such a provision is allowable by the WTO or not.)br /br /Meanwhile, Obama admitted that the bill’s targets were modest and would not do enough to rein in global warming, but was confident more legislation could be passed in the future.br /br /Uhh, sure.br /br /But, the other half of the laughability factor is Democrats, led by folks like House Majority Leader Dick Gephardt, rejected doing just something like this, with teeth, as far as air pollution, in the NAFTA crafting 16 years ago.div class="blogger-post-footer"There is no god and I am his prophet.img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7532871-8108346416541782509?l=socraticgadfly.blogspot.com'//div
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