Carbon dioxide became public enemy No. 1 Monday when the Environmental Protection Agency made an endangerment finding declaring that CO2 is a harmful pollutant that must be regulated under the Clean Air Act. This is the EPA’s Christmas present to President Barack Obama as he prepares to jet to Copenhagen with a mostly empty toy bag to discuss climate change. The president had hoped to bring with him to Copenhagen a signed cap-and-trade bill; the prospect of that happening in the near future looks increasingly dim. The more the American people learn about the high costs of such legislation and the near zero environmental gain, the less support there is for the seriously flawed policy.
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