EIA Says No Further Regulations Needed To Curb Increases in GHG Emissions!!!

 

Well, the loons will have gotten their way if nothing changes.  The projection, if things continue their path is that by the year 2035 we will still not have emissions equal to 2005 levels. 

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We might be tempted to say this is good news!  But, here’s why these projections were made…..

Recovery from the 2008-2009 recession is expected to show the slowest growth of any recovery since 1960. Table 2 compares average annual growth rates over a five-year period following U.S. recessions that have occurred since 1960. For the most recent recession, the expected five-year average annual growth rate in real GDP from 2009 to 2014 is 1.3 percentage points below the corresponding average for the three past recessions, with consumption and non-farm employment recovering even more slowly. The slower growth in the early years of the projection has implications for the long term, with a lower economic growth rate leading to a slower recovery in employment and higher unemployment rates. Real GDP in 2035 is 4 percent lower in the AEO2012 Reference case than was projected in the AEO2011 Reference case.

The following figures are from Table2  with the  year Recession ending first and then the corresponding  5 year Real GDP average increase.

1975 3.7%

1982 4.5%

1991 3.3%

2009 2.5%

In other words, no real recovery is expected for the next 25 years.  Thus, keeping our CO2 emissions low.  Our insane anti-American Americans are having their way, destroying our economy and depriving future generations of a chance for shared prosperity. 

You can read this and more here.

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7 Responses to EIA Says No Further Regulations Needed To Curb Increases in GHG Emissions!!!

  1. Latitude says:

    ….I want to throw up

    • suyts says:

      Yeh, I thought about the headline, “GREAT NEWS!!! WE’LL BE IN A PERMANENT ECONOMIC SLOWDOWN!!” Thanks Obambi. 😐
      That’s $5 trillion extra debt that we’ll never get back. And for what? So we can have a non-recovery.

    • Latitude says:

      You made me stop and think…..
      ..how many things are we forced to pay for now, that used to be free

      TV, highways/tolls, etc…….INTERNET

      The internet is no longer a toy, it’s a utility…..

  2. Mike Davis says:

    The bottom has not been hit yet. They are fudging the books to make people believe there is a recovery going on. The band-aids they are applying to the markets will only make the final outcome worse. They should have let the housing market crash.

    • suyts says:

      Yes, we would already be well on our way to a natural and strong recovery if our government wouldn’t have tried to “fix” things.

    • Latitude says:

      Mike, what drives me crazy….they try to paint this picture of the poor Mexican family….that can’t afford their mortgage….that will be kicked out on the street

      Not a word about all the people that bought 5-6-or more house as investments….hoping to make a killing…
      ..and not a word about the vast majority that’s now eating up their savings, can’t even borrow money to get food……

      How can they talk about the largest demographic in this country is people over 55….and not know their wealth is tied into their homes

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