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  • 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

    Britain's Climate Model is a CO2 Machine

    From the department of irony, Britain’s weather supercomputer for predicting climate change is one of the nation’s largest emitters of carbon dioxide: The Met Office has caused a storm of controversy after it was revealed their £30million supercomputer designed to predict climate change is one of Britain’s worst polluters. The … More

    Cap and Trade: The Permanent Recession

    If you want to know what cap and trade will to do our economy, we’re living it. According to new data released from the Energy Information Administrations, United States carbon dioxide emissions are down 9% since 2007. The calculation compares the emissions of coal, petroleum and natural gas in the … More

    Today’s Calamity: Cap and Trade is a Lobbyist’s Dream Come True

    Under the Waxman-Markey cap and trade program, businesses that emit carbon dioxide and other greenhouse gases must obtain allowance permits from the federal government for every ton of carbon emissions they produce. The government issues fewer allowance permits in each subsequent year to decrease overall emissions, so the permit price … More

    Waxman-Markey's Effect On Gas Prices In Your State

    The Waxman–Markey energy bill, which would restrict greenhouse gas emissions by creating a cap-and-trade system, was passed by the House in June and will likely be considered by the Senate soon. If this bill becomes law, gasoline prices would increase significantly in order to meet emissions limits imposed by the … More

    Today's Calamity: Will Cap and Trade Save the Planet?

    Last week, in our inaugural Cap and Trade Calamities, we laid out the exorbitant costs the Waxman-Markey cap and tax bill would impose on your family. But if it saves the planet, isn’t it all worth it? The fact is, our planet is not in the immediate danger environmental activists … More

    Top-down Regulation Dressed in Cap-and-Trade Clothing

    That’s what David Schoenbrod and Richard B. Stewart call Waxman-Markey in their Wall Street Journal op-ed today: As a candidate for president in April 2008, Barack Obama told Fox News that “a cap-and-trade system is a smarter way of controlling pollution” than “top-down” regulation. He was right. With cap and … More

    With Record Unemployment, Is Now the Time to Kill Yucca?

    Relying heavily on the slots and roulette tables to bring in revenue, it’s no surprise this recession hit Nevada’s economy especially hard: The Silver State’s unemployment rose to 12.5 percent in July, while joblessness in especially hard-hit Las Vegas surged to 13.1 percent. It’s the highest jobless rate both statewide … More