The growing economies of China, India, and other parts of the world still have people living the lives of preindustrial subsistence farmers. Right now, today, they have people in dire need of food, clothing, shelter, medical care, education, transportation and every other facet of modern life we take for granted. They don’t give a crap about hypothetical dangers that will hypothetically manifest a century from now.
Such areas will use dense, rich, reliable sources of energy like coal and nuclear to power their factories while we try to smelt iron with windmills. We will be poor and eventually powerless in the face of such competition. Worse, if global warming is a problem, it will happen anyway. Our sacrifices will simply mean we have fewer resources to deal with the problems posed by global warming.
Obama plans to shut down our carbon-emitting power sources today, decades before we bring their hypothetical replacements online. If the technology doesn’t work as predicted, where will we be then?
Obama’s plan will be a massive wealth transfer from America to China and India. We will simply be handing them our current and future economic productivity on a platter.