HSBC: Obama May Levy Carbon Tax to Cut U.S. Deficit, HSBC Says

“Barack Obama may consider introducing a tax on carbon emissions to help cut the U.S. budget deficit after winning a second term as president, according to HSBC Holdings Plc.” [Bloomberg]

HSBC must think that we live in a dictatorship.

HuffPost: Obama Victory, Sandy Give Environmental Groups Hopes For Climate Change Action

In his victory address early Wednesday morning, Obama said “We want our children to live in an America … that isn’t threatened by the destructive power of a warming planet.” [Huffington Post]