George W. Bush’s EPA didn’t want to do it. They didn’t want to hurt businesses with higher costs.
Even Senator John McCain, former candidate for the Presidency, said today, “Let me be clear: I am a supporter of a strong cap-and-trade system, but I will not and cannot align myself with a giant government slush fund that will further burden our businesses and consumers.”
What the Senator Doesn’t Understand
Global warming is a pretty big deal. Imagine our coastal areas (including New York, Washington, D.C., and other major cities) where so many businesses are located being permanently flooded. Imagine other areas with droughts and stronger, more frequent tornadoes and hurricanes. Life on our planet would be fundamentally different if global warming plays out as it most likely would (according to scientists) if we take no action.
Then how will our businesses fare? The point is, changes in policy come slowly, but we don’t have much time to react to this crisis. Bold action is needed and regulating carbon dioxide as a pollutant is just a start.





