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Obama’s climate agreement with Beijing? ‘Bad deal’ for U.S.

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An energy policy analyst isn’t too impressed with the just announced climate agreement between the U.S. and China.

While in Beijing, President Barack Obama announced the U.S. would move faster in cutting its levels of pollution. China, which accounts for about 30 percent of global emissions, has agreed to cap its emissions in the future. That’s where Tom Borelli, senior fellow for FreedomWorks, sees a problem.

“Fossil fuels drive our economy, and anything [done] to reduce emissions of carbon dioxide is going to lead to higher energy prices and higher unemployment,” he points out to OneNewsNow. “China just has to cap its emissions in 2030 and we’re going to be cutting our emissions before then. So it’s clearly a bad deal.”

The agreement is meant to combat what Obama and others describe as “climate change” or “global warming,” but critics of things like cap-and-trade have argued for years that anything the United States does along those lines won’t matter if China doesn’t follow suit.

While China may have agreed to cap its emissions in 2030, Borelli notes that China is still going to have emissions in the 15-year interim. “And we’ll have to keep this in mind that the planet itself hasn’t increased its temperature, so to speak, in about 17 years,” he adds.

Borelli thinks Obama is really just playing the role of a sore loser after seeing Democrats trounced in the midterm elections and now he’s doubling down on climate change while threatening executive action on immigration.

“Clearly, the president just wants to do what he wants to do, regardless of what the American people want,” he states.

Tom Borelli

Dr. Tom Borelli is a Newsmax TV contributor and radio commentator addressing political issues from a conservative grassroots perspective. As a columnist, he has written for The Washington Times and authored articles for Newsmax Magazine, Newsmax Insider and previously was a co-host with his wife Deneen Borelli on the SiriusXM Patriot channel. Dr. Borelli appeared on numerous television programs, including the highly ranked Fox News Channel’s “The O’Reilly Factor,” “Hannity,” “The Kelly File," and "America’s News Headquarters." He has also appeared on Fox Business Network’s “Making Money with Charles Payne” and “After the Bell” as well as TheBlaze TV’s "The Glenn Beck Program" and "Dana!" Prior to working for public policy organizations, Dr. Borelli was a managing partner with the investment advisory firm of Action Fund Management, LLC and a portfolio manager for the Free Enterprise Action Fund (FEAF) where he used shareholder activism to challenge corporations that sought to profit from the growth of government. During his 25 years with the Altria Group, Inc., he built a foundation in public policy and issues management, drawing from diverse experiences ranging from basic research to corporate affairs. Dr. Borelli served as science fellow for the U.S. House of Representatives' Committee on Science, Space, and Technology during the 100th Congress. Dr. Borelli has also published scientific papers on interferon and human leukemia.

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