While in Beijing, President Barack Obama announced the U.S. would move faster in cutting its levels of pollution. China, which accounts for about 30 percent of global emissions, has agreed to cap its emissions in the future. That’s where Tom Borelli, senior fellow for FreedomWorks, sees a problem.
“Fossil fuels drive our economy, and anything [done] to reduce emissions of carbon dioxide is going to lead to higher energy prices and higher unemployment,” he points out to OneNewsNow. “China just has to cap its emissions in 2030 and we’re going to be cutting our emissions before then. So it’s clearly a bad deal.”
The agreement is meant to combat what Obama and others describe as “climate change” or “global warming,” but critics of things like cap-and-trade have argued for years that anything the United States does along those lines won’t matter if China doesn’t follow suit.
While China may have agreed to cap its emissions in 2030, Borelli notes that China is still going to have emissions in the 15-year interim. “And we’ll have to keep this in mind that the planet itself hasn’t increased its temperature, so to speak, in about 17 years,” he adds.
Borelli thinks Obama is really just playing the role of a sore loser after seeing Democrats trounced in the midterm elections and now he’s doubling down on climate change while threatening executive action on immigration.
“Clearly, the president just wants to do what he wants to do, regardless of what the American people want,” he states.