Obama to China: We’ll sacrifice and pay higher power bills and you will do, well, nothing whatsoever

Obama at a press conference (Getty Images)

I wouldn’t trust Obama to negotiate with trick-or-treaters on Halloween night. The first kid would get all the candy.

That’s what he did with his grand deal with China to cut carbon dioxide output. The U.S. agrees to cut carbon by up to 28 percent of our 2005 level by 2025, while China agreed to stop increasing its carbon emissions by 2030.

But Investor’s Business Daily reports that Lawrence Berkeley National Laboratory forecasts that China’s emissions will peak in 2030. So, China has agreed to do nothing whatsoever.

Never mind there has been no global warming in 18 years despite what all the computer models predicted would be the result of rising carbon output.

The Wall Street Journal noted that under this nonbinding agreement, China promises “to intend to achieve the peaking of CO2 emissions around 2030,” which basically describes the status quo.

Of course, Nevada senior Sen. Harry Reid, D-Green cronies, thought it was a good deal:

“The historic announcement by President Obama and President Xi Jingping of China is exactly what is needed to ensure that America’s efforts to clean up our energy supply are replicated around the world.  As I’ve said in the past, we cannot wait to address climate change and strengthen our nation’s resilience to extreme weather and climate impacts. I hope this agreement will spur other countries to join with us in confronting climate change.”

As long as there is more loot for his renewable energy company contributors, all else is naught.

This deal merely shows that Obama is a pushover who will agree to anything in order to be able to say he negotiated a deal. Hello, world, here comes a sucker.

IBD graphic