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  • $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

    Today’s Calamity: Micromanaging Tree Planting

    Not many people enjoy a micromanager – having their boss hover over them monitoring their every move. Well, if Congress passes a cap and trade bill, they will be micromanaging our economy and controlling our decisions. Just one example of many: tree planting. Section 205 of the Waxman-Markey cap and … More

    Cap and Trade is About Status – Not the Environment

    In economics, signaling to convey information about can come in a variety of forms. You can signal in job interviews by what you reveal on your resume; you can signal to people just by the type of car you drive. In New Zealand, the parliamentary committee is suggesting the country … More

    With Cap and Trade, It Will be Laborless Day

    Traditionally, Labor Day symbolizes the end of summer but historically, Labor Day was a “creation of the labor movement and is dedicated to the social and economic achievements of American workers.” A day of rest. A paid holiday. Well, if Congress passes cap and trade legislation, many Americans will be … More

    Today’s Calamity: Energy Efficiency is Good – Except When It’s Not

    Just as renewable energy can be a good thing if the market can provide it at an affordable rate, products designed for greater energy efficiency is a good thing. But not when the government gets in the way. Federal laws dictating how much energy home appliances are allowed to use … More

    Jonah Goldberg on Global Warming

    I don’t know what it tells you, but it tells me that maybe we should study a bit more before we spend billions to “solve” a problem we don’t understand so well.” In case you missed it, that’s Jonah Goldberg’s concluding sentence of a thoughtful piece in the LA Times … More

    Cash for Clunkers: This is What We Call Success?

    Politicians are touting cash for clunkers as a successful program that has killed two birds with one stone. By handing out taxpayer money to subsidize a portion of the cost of a more fuel efficient vehicle, the program is saving the economy and saving the environment. Although the program increased … More

    Today’s Calamity: Don’t Forget About Renewable Energy Mandates

    It’s easy to forget that the Waxman-Markey cap-and-trade bill is not just about cap and trade. There are a number of other problematic provisions buried in the 1,427 pages of legislation. Cap and trade should receive the most attention because it’s the most economically devastating part of the bill, but … More

    Renewable Energy Goals Could Force Blackouts in Britain

    From the UK’s Telegraph: “Demand for power from homes and businesses will exceed supply from the national grid within eight years, according to official figures. The shortage of supplies will hit the equivalent of many as 16 million families for at least one hour during the year, it is forecast. … More

    Cap and Trade Sentence of the Day

    In other words, the cost of a suitcase of Budweiser could make or break the country’s most ambitious environmental program.” That’s the Wall Street Journal’s Keith Johnson discussing numbers from the most recent Washington Post-ABC News poll. When asked about cap and trade, 52 percent of responders supported such a … More