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Barack Obama's Full Speech at G20 Closing Press Conference

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Gus9/07/2013 9:38:11 am PDT

The carbon taxes won’t just sit around and go unspent. They’ll turn around and use it for say, entitlement programs. Running those programs have a CO2 footprint for administrative facilities, electricity, heat, etc. Entitlements themselves result in consumer spending on goods and services which also have a CO2 footprint.