EPA to strangle factories one by one-Washington Post

8/4, "EPA left to pick up climate change where congress dropped the debate," Washington Post, Fahrenthold and Eilperin

• "The Environmental Protection Agency will soon begin regulating greenhouse gases factory by factory, power plant by power plant. That could be unwieldy, expensive and unpopular -- even President Obama has said it's not his preferred solution.

• But for now, it's his only option....

David Doniger, of the Natural Resources Defense Council, said his group intends to defend the EPA in the coming months.

• The EPA "needs political support to sustain it. . . . We are going to come down very hard on any of the Democrats and moderate Republicans..." he said."...

NRDC has great financial interest in carbon trading and in any case in taking the last remaining dollar from the last remaining American worker. NRDC's mission statement says "disproportionate environmental burdens" are unfairly "borne by people of color and others who face social and economic inequalities."

• Bloomberg, 12/4/09: "Companies need the financial markets to help them drive down their greenhouse gas emissions at a reasonable price,
  

says the NRDC’s Andy Stevenson.

• “There are trillions of dollars needed to make this transition, and companies need the banks,”

• says Stevenson, a former trader for London-based hedge fund firm Brevan Howard Asset Management LLP."

via Climate Depot