Is there any merit to environmental groups argument that there should be limits on carbon emissions?
I think it’s all a hoax and a Ponzi scheme. I can’t find any logic to the fact that the climate is actually changing any more because of man than it would without man. More so, though, the math simply doesn’t work. If you did away with the entire U.S. carbon emissions, the Chinese and the Asian community would replace it in just about three years. Do you think the government is doing anything right in terms of environmental and energy policy? They’re right about their ideal of improving miner safety, improving miner health and improving the environment. The flaw in achieving their objectives is [that] they don’t do cost-benefit ratios and figure out how they can make the biggest impact for the least cost, and how they can keep the U.S. competitive in the process. Of all the things being proposed, what worries you the most? The CO2 mandates coming out of EPA. That’s the scary part. On a micro basis I’ve seen specific steel plants and coke ovens go down in the U.S. because they couldn’t
