According to CNS News, Obama claimed that the “most elegant way” to reduce carbon emissions is “to put a price on it.” This effectively means that Obama is planning to tax Americans in an attempt to force them to take climate change seriously.
“I wonder if you see any political path back home toward putting a price on carbon?” an incredulous reporter then asked the president.
“I have long believed that the most elegant way to drive innovation and to reduce carbon emissions is to put a price on it. This is a classic market failure,” Obama replied.
Here’s what Obama went on to say in a pathetic attempt to explain himself:
“In this case, the carbons that are being sent up that, ah — originally we didn’t have the science to fully understand, we do now. And if that’s the case, if you put a price on it, then the entire market would respond.
“And the best investments and the smartest technologies will begin scrubbing, effectively, our entire economy.
“But it’s difficult, and so I think that, as the science around climate change is more accepted, as people start realizing that even today, you can put a price on the damage that climate change is doing.
“You go down to Miami, and when it’s flooding at high tide on a sunny day and fish are swimming through the middle of the streets, you know, there’s a cost to that. And insurance companies are beginning to realize that in terms of how they price risk.
“And the more the market on its own starts putting a price on it, because of risk — it may be that the politics around setting up a cap and trade system, for example, shifts as well.”
It’s sickening that Obama continues to push climate change when we have REAL problems to deal with, like ISIS and terrorism.
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