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GLOBAL WARMING: AN EXPENSIVE MYTH — PT. 2 OF 2 Feb 24, 2013 by Henry W. Burke EducationViews Contributor
Global Warming Is an Expensive Myth In a 10-year period, the EPA’s plan to regulate carbon dioxide will cause $7 trillion in lost economic activity and the loss of 3 million jobs! The biggest promoters of the global warming scare are those profiting the most. Thanks to the global warming scam, Al Gore’s net worth has skyrocketed from $2 million to $100 million! CONCLUSION The federal government spent nearly $9 billion on global warming in 2010. This does not include the $26 billion in funding for climate change under the Stimulus Bill (spread over several years). Ideology and politics are driving the climate debate rather than sound science. Democrats typically support the empty global warming theory. With no scientific basis, the left is pushing global warming for several reasons; these include power, money, and income redistribution. Obama is using the EPA to control and tax businesses in this country. In a 10-year period, the EPA’s regulations on CO2 will cause $7 trillion in lost economic activity and the loss of 3 million jobs! A. Federal Spending on Climate Change Government spending on climate change (global warming) has more than doubled in ten years. The GAO (Government Accountability Office) issued a report on 5.20.11, “Climate Change: Improvements Needed to Clarify National Priorities and Better Align Them with Federal Funding Decisions.” The report covers federal spending on climate change, from Fiscal Years 1993 to 2010.
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