Obama Administration Announces They Will Punish Oil Companies For Non-Existent Global Warming
Arctic sea ice growth finished the year in 2008 at the same level as 1979.
The oceans have been cooling since 2003.
Sea ice is growing at the fastest pace on record.
Greenland’s glaciers are stabilizing.
There are growing fears of a coming freeze worse than the ice age.
Alaskan Sea Glaciers are advancing for the first time in 250 years.
And, for the second straight year the Earth is, in fact, cooling… not warming.
This US Climate Map October 2007-November 2008 showed that temperatures were well below normal throughout the US in 2008.
It looks like Al Gore was a bit off in his prediction that North Pole will be completely gone in 5 years.
But, it doesn’t matter to the Obama Administration…
Today tax cheat Treasury Secretary Timothy Geithner announced the Obama Administration intends to punish oil companies for non-existent global warming.
U.S. oil and natural gas producing companies should not receive federal subsidies in the form of tax breaks because their businesses contribute to global warming, U.S. Treasury Secretary Timothy Geithner told Congress on Wednesday.
It was one of the sharpest attacks yet on the oil and gas industry by a top Obama administration official, reinforcing the White House stance that new U.S. energy policy will focus on promoting renewable energy sources like wind and solar power and rely less on traditional fossil fuels like oil as America tackles climate change.
“We don’t believe it makes sense to significantly subsidize the production and use of sources of energy (like oil and gas) that are dramatically going to add to our climate change (problem). We don’t think that’s good economic policy and we think changing those incentives is good for the country,” Geithner told the Senate Finance Committee at a hearing on the White House’s proposed budget for the 2010 spending year.
But, don’t worry.
The Democratic Congress and Obama Administration are pushing billions upon billions of stimulus dollars on expensive and ineffective green energy and cap and trade programs that will cause millions of Americans to lose their jobs. Cap and trade will also cause electricity costs to skyrocket.
More… A news study on climate discovered that global warming is on hold:
Discovery News reports scientists are puzzled that temperatures have flat lined since 2001 despite rising greenhouse gas concentrations.
Scientist Kyle Swanson from University of Wisconsin-Milwaukee says, “This is nothing like anything we’ve seen since 1950. Cooling events since then had firm causes… This current cooling doesn’t have one.”