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Originally Posted by Baraka_Guru
There aren't many competitive nations who aren't already doing far more than the U.S. when it comes to emissions reduction and increasing capacity for renewable energy. If anything, the U.S. is playing catch-up to many others, even several developing nations.
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It is hard to refute your comment here, but we can specifically look at Canada. How is Canada ahead of the US in terms of carbon emission restrictions?
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You have nothing to say about the businesses and jobs that will be created from an increasing demand for process efficiency to reduce emissions? What about renewable energy development? No jobs there?
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I am a "free market" person. On a fundamental basis I believe jobs and industries are created when they have a true competitive advantage. When jobs or industries are subsidized, I believe the net impact is zero at best and most likely negative as capital moves from most productive uses to less productive uses. So, given my core belief I doubt anyone could persuade me to believe this bill will create jobs on a net basis.
Also, I heard the bill (I have not read the bill) does not even include any provisions for nuclear power. I wonder why?