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  • Today’s Calamity: Carbon Offsets Do Not Offset the Economic Pain of Cap and Trade

    “There’s a point at which you’ve got to ask yourself, what are we doing here? What’s the point?” That’s Elaine Kamarck, a former Clinton administration official and advisor to then-Vice President Gore, and she’s talking about the Waxman-Markey cap and trade bill. In order to garner enough votes to pass … More

    EPA to Impose Global Warming Regulations: Will Congress Intervene?

    President Obama doesn’t want to run the auto industry, but he had to, temporarily of course, to save the economy. And Administrator of the Environmental Protection Agency Lisa Jackson doesn’t want to regulate carbon dioxide, but the EPA seems intent on moving forward regardless. Fortunately, Congress could shorten the EPA’s … More

    Today’s Calamity: Do We Want a Carbon Footprint Label on Everything We Buy?

    If cap and trade passes, businesses could soon face “The Scarlet Letter” treatment. Businesses may have to include a carbon label on their products that tells consumers how much carbon dioxide used in the production process. Cap and trade would raise production costs for businesses—forcing them to include a carbon … More

    Treasury Admits Cap and Trade is a Massive Tax

    Thanks to the relentless work of Christopher Horner at the Competitive Enterprise Institute, U.S. Department of Treasury admitted cap and trade would be a tax that could generate revenue between $100 billion to $200 billion a year. Horner obtained the information from the Treasury by using the Freedom of Information … More

    President Obama Doesn’t Want to Run the Auto Industry – But He Continues To Do It

    At a speech at a General Motors Assembly plant in Lordstown, Ohio, President Obama restated his regret for government interference in the auto industry claiming the decision was out of necessity rather than choice. In what many called a campaign-like speech, the President asserted: As I’ve said before, I didn’t … More

    Today’s Calamity: Whose Bright Idea Was This?

    In today’s Cap- and-Trade Calamity, we continue on with our critique of government-mandated energy efficiency standards. The newest target is national lighting efficiency standards – detailed in Section 211 of the Waxman-Markey cap-and-trade bill. Waxman-Markey dictates specific efficiency standards and specifications for specific light bulbs (Sec. 211, g); Sets regulations … More

    Honoring the Father of the Real Green Revolution

    Norman Borlaug is certainly not a household name. But he should be. A man of utmost importance who always displayed tremendous humility, Borlaug passed away this weekend at the age of 95. Dr. Borlaug was a plant scientist and his “breeding of high-yielding crop varieties helped to avert mass famines … More

    Wind Power: An Expensive and Inefficient Way to Reduce CO2

    In a speech in May, President Obama pushed for our nation to transition to renewable energy and pointed to Denmark as an example of proof it can be done: [U]nfortunately. America produces less than 3 percent of our electricity through renewable sources of energy like wind and solar — less … More

    Today’s Calamity: First Cash for Clunkers, Now Cash for Homes?

    Despite being extremely wasteful and creating questionable environmental benefits, the government labeled the cash for clunkers auto program a successful program that exceeded expectations. It worked so well – why not subsidize (again) the housing industry while we’re at it? Detailed in Section 203 of the Waxman-Markey cap and trade … More

    $67 Billion a Year to Africa Because We Emit Carbon Dioxide

    From The Economist: “RICH countries should compensate Africa for all their belching chimneys and exhausts. In a rare fit of African unity, it was decided at a recent flurry of leaders’ meetings that the United States, the European Union, Japan and others should pay the continent the tidy sum of … More