"President Obama's Cap and Trade Agenda"? Incredibly, he's a bigger liar than I thought. His own demigod was a proponent and actually implemented it.
In the 1980s, President Ronald Reagan used a cap and trade system to phase out leaded gasoline, noted MIT economics professor Richard Schmalensee and Harvard Kennedy School government professor Robert Stavins.

http://www.politifact.com/florida/statements/2014/may/23/debbie-wasserman-schultz/cap-and-trade-legislation-was-originally-republica/

He has no shame at all.