U.S. TO MAKE CO2 $$ BY 2012

U.S. budget to have CO2 revenues by 2012 – White House
Jeff Mason (w/Doina Chiacu) 24 February 2009 (Reuters)

"U.S. President Barack Obama's budget accounts for revenues from an emissions trading system in 2012, White House spokesman Robert Gibbs said…when asked whether a cap-and-trade system for greenhouse gases would be in place in time for revenues to be generated by 2012…

"During his presidential campaign Obama laid out plans for a trading system that would set limits on greenhouse gases such as carbon dioxide and allow factories to trade permits to pollute more.

"The European Union is anxious for the United States to develop a trading system to hook up with its own established scheme."

November 17, 2008. From ChangeDotGov via YouTube.

"Obama has not released any details about his plans for such a system since taking office, while his administration focused on lifting the country out of recession and shoring up the banking system.

"The president has made clear, however, that investments in renewable energy would be part of the economic recovery process…

"The White House Web site says Obama plans to implement an 'economy-wide cap-and-trade program' to reduce greenhouse gas emissions 80 percent by 2050."