My youngest son PKM sent me a link in an email with the above title, written by Karl Denninger. It’s a quick read and written so that even your humble LibNot writer can understand the implications to the USA by the global warming crowd, as described by Mr. Denninger.

This is a great article that should be read by all of you that worship Al Gore and his carbon credits scheme and those of us that believe, as Mr. Denninger…..that it’s a scam.

Here’s a snippet from Mr.Denninger’s The Market Ticker:

To actually stop the increase in CO2 emissions we would have to find some way to compel the Asians and Africans to not increase their CO2 emissions.

But all possible means for them to improve their standard of living inherently involve significant and even dramatic increases in CO2 emissions per-capita.

The math is simple: Within a few years China will emit more CO2 than we will. A few years after that both Africa and India will surpass the United States. None of these regions will agree to stop emitting CO2 because to do so is to agree to keep their people perpetually poor and agrarian while we enjoy the fruits of a westernized, industrialized economy.

That’s not going to happen and yet without it happening no amount of bleating about “climate change” or laws passed to curtail our CO2 output will do a thing for the climate of the planet. It will not make any material difference to the outcome; indeed, oil companies have said that they will simply move refining and other operations to nations without such pacts (like India and China!) to avoid the tax, and pass through any impact in the US directly to consumers.

Please read the entire article here.