“I actually completely reject the notion of a debt or reparations or anything of the like,” he said. “For most of the 200 years since the Industrial Revolution, people were blissfully ignorant of the fact that emissions caused a greenhouse effect. It’s a relatively recent phenomenon.”He even attacked the equally ludicrous idea that the U.S. should provide money to fast developing countries such as China.
“China has $2 trillion in reserves,” said Mr. Stern ... “We don’t think China would be the first candidate for public funding.”That's an understatement. The idea that the U.S. might impose economy-crippling regulations on itself is bad enough. But doing that while simultaneously transferring billions in taxpayer money to countries like China, or various third world basket cases, would be completely insane. There you have Obama's climate policies so far, bad but not completely insane.