Obama to Declare Carbon Dioxide Dangerous Pollutant
By Jim Efstathiou Jr.
Oct. 16 (Bloomberg) -- Barack Obama will classify carbon dioxide as a dangerous pollutant that can be regulated should he win the presidential election on Nov. 4, opening the way for new rules on greenhouse gas emissions.
The Democratic senator from Illinois will tell the Environmental Protection Agency that it may use the 1990 Clean Air Act to set emissions limits on power plants and manufacturers, his energy adviser, Jason Grumet, said in an interview. President George W. Bush declined to curb CO2 emissions under the law even after the Supreme Court ruled in 2007 that the government may do so.
If elected, Obama would be the first president to group emissions blamed for global warming into a category of pollutants that includes lead and carbon monoxide. Obama's rival in the presidential race, Republican Senator John McCain of Arizona, has not said how he would treat CO2 under the act. Read More
It is truly unknown if capping these gas emissions will have an affect on the environment, mainly because we don’t know if they are causing any problems. The one thing I do know for sure is that if CO2 is capped, it will definitely affect your pocketbook. But you can’t complain if you don’t vote so please head to the polls on Election Day.