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  • Public Still Not Sure What Cap and Trade Is, but They Will If It Passes

    Maybe John Kerry and President Obama and proponents of a cap and trade system to reduce greenhouse gas emissions still have time to change message. “I don’t know what ‘cap and trade’ means. I don’t think the average American does,’ Kerry said recently. And he’s right. According to a new … More

    Will Burning Bunnies Be Part of the Renewable Energy Portfolio?

    Because that’s what they’re doing in Sweden: The city of Stockholm shoots thousands of wild rabbits spread across the green spaces of the Swedish capital and sends their bodies to be burned as heating fuel, a practice which has enraged animal rights groups. City official Mats Freij said Stockholm killed … More

    The Costs of Cap and Trade and The Costs of Doing Nothing

    The economic losses from carbon emissions cap-and-trade policies are often compared with “the cost of doing nothing.” CBO director Doug Elmendorf in his testimony to the Senate Energy and Natural Resources Committee labels these costs as nonmarket impacts. These include effects of human health, loss of species’ habitats, and other … More

    CBO Director: There are Costs Involved with Cap and Trade

    Congressional Budget Office Director Douglas Elmendorf testified on October 14 before the Senate Committee on Energy and Natural Resources to discuss the economic effects of reducing greenhouse gas emissions and the effects – most notably the effects of the Waxman-Markey cap and trade legislation. Although Elmendorf felt that Waxman-Markey could … More

    One Size Fits All Not the Way to Go on Global Warming

    In an interview last year, Dr. Elinor Ostrom the recent recipient of the Nobel Prize in Economics, and the first woman to receive prize in economics, offers some tremendous insight. She stresses adaptation over a one-size-fits-all approach and says she doesn’t “think it’s possible just to have a nice little … More

    Today’s Calamity: Understanding Climate Change

    If cap and trade is meant to solve our climate crisis, why does the bill include funding to understand climate change? Section 451 of the Waxman-Markey cap and trade legislation includes funding to research the effects of “human-induced or natural changes in the global environment (including alterations in climate, land … More

    How Will the Senate Address China and India?

    One of the differences in the Senate version of cap and trade is that it leaves the door wide open on how to deal with countries that do not adopt carbon capping systems. China, India and other developing countries have made it clear they will not implement carbon cabs that … More

    EPA’s Lisa Jackson: It’s Time the Rest of the U.S. Caught Up with California

    The road to Hell was paved with good intentions and so too are California’s green energy initiatives. Environmental activists point to California as the petri dish for the burgeoning of a green economy. Last week, Environmental Protection Agency Administrator, Lisa Jackson, gave a speech at the Governor’s Global Climate Summit … More

    Don’t Stop with Fossil Fuels: End Energy Subsidies Altogether

    In his September 25 speech at the G20 summit in Pittsburgh, President Obama praised the agreement among world leaders to end government subsidies for fossil fuels: Third, we agreed to phase out subsidies for fossil fuels so that we can transition to a 21st century energy economy — an historic … More

    Today's Calamity: Cap and Trade Costs Fly Sky High

    When gas prices surpassed $4 per gallon last summer, it forced families to cancel their vacations. Not only was the day-to-day driving eating up families’ budgets, but it made the cost of traveling somewhere for vacation all that more expensive. Purchasing airline tickets was out of the question for many. … More