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Setback for Cap and Trade

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    Americans for Prosperity’s Phil Kerpen and American Spectator Managing Editor Joseph Lawler on Gov. Chris Christie’s decision to pull New Jersey o...

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Governor Chris Christie took a victory lap -- -- -- New Jersey out of a ten state Cap and Trade System called Reggie.

The regional greenhouse gas initiative that had the potential of strangling small businesses is in his state take a listen.

Reggie does nothing more than tax elixir lectures.

Tax citizen's.

Tax our businesses.

With no.

Discernible -- measurable impact.

Upon our environment.

Wow so for cap and trade will government governor Christie succeed in taking on the cap and trade lobby let's ask -- -- right yeah.

Americans for prosperity and -- -- Waller managing editor of the American spectator -- felt first of all kudos to you congratulations because.

One you predicted this is gonna happen about a year ago and to you guys had a lot to do -- lobbying against his Cap and Trade System right.

Well thank you very much it was it was a long fight our terrific state director -- bombing and did an unbelievable job getting co sponsors on the repeal bill building grassroots support.

Getting local elected official -- pass resolutions on this.

And governor Christie did the right thing he saw the ground -- and he got out in front of the price -- there were enormous amount of credit.

What now are the implications for this not only for New Jersey but for all country.

Well I think -- considerable implications for a couple of reasons first of all in New Jersey global warming -- there's a unilateral governor opt out so they are out of -- now whether or not the repeal legislation passed episodes once they.

They won't be subject to those regulations.

The regional implication I think will now -- New Hampshire likely pass repeal it passed overwhelmingly in the house there.

Only a couple will vote short of -- -- from the senate I think they'll get those votes now.

-- -- -- -- -- -- -- -- And nationally it's a huge -- to Lisa Jackson Obama's EPA administrator who designed this program at the DP director in New Jersey.

I think it's a big setback in general for this whole idea of having you know strict energy controls -- -- approach -- terrible head out if he's right it doesn't work.

Joseph a setback air for folks like me -- a little questionable about global warming particularly in this cold winter we just had.

Is is that he began governor Christie began his victory lap -- -- By saying he believed wholeheartedly and global warming let's take a listen.

But certainly not sciences which is the first problem but when you have over 90%.

Of the world's scientists who have studied this stating that climate change is occurring in the humans play catch -- reading role.

It's time to defer to the experts.

Are -- good.

What's up what act.

-- that's not gonna play well with Republicans but it is.

Not necessarily a bad thing for him at all when you consider.

That he's doing the right policy which is he's withdrawing.

From Reggie.

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- To -- -- you know if it's if it is a big problem if it is gonna cause the end of the world if we don't do something about it.

Won't he -- him up himself up later on for some other kind of Cap and Trade System.

I don't think so because of the -- that he made the facts are on his side that -- program was not reducing emissions so why have in the first place even if you are admitting or acknowledging that.

Global warming is a problem it's still not effective and we saw -- in 2009 with the cap and trade bill that made its way through the House of Representatives.

It would have had no long term impact on.

Global temperatures so the facts on his side and now the rhetoric will be on -- -- you I think if you can spin it that way.

-- you know what's gonna happen all of -- global warming -- is user are are the ones who say it's it's a critical problem are gonna say.

They look the reason why emissions are down is just because the economy's been sluggish.

Once the economy picks up again we're gonna have to put -- include trade -- and now governor Christie is admitted that we need something like.

Well I mean the European experience -- that emissions actually increased in under their cap and trade program until the recent economic troubles and increased more in the covered sectors and sectors that weren't covered so.

I think -- on really solid ground saying that even if you believe in global warming this approach.

It's a complete failure and moreover.

Unless you've got a global binding verifiable treaty where you can actually enforce that globally nothing one country does is gonna make a different level -- ten US states and so.

I think he's absolutely right I hope that he sets the standard now for what you can say and do as a Republican in a blue state where people do believe in global warming but these policies Obama -- Alright very quickly where it would run out of time but from -- -- -- this kill cap and trade initiatives all over the country first you -- I think it does I think the -- the -- the -- states will eventually repeal it it'll collapse and I think it'll be dead in the other regions as well Joseph Lawler.

Absolutely as long as you can make the case there's too expensive.

In this environment in this economy that's going to be a very strong argument -- yes.

Gentlemen thank you very by the way -- -- Joseph -- in the American spirit spectator for which he writes on -- thank you gentlemen have a great weekend.

So what do you think.