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  • Waxman-Markey Cap and Trade’s Biggest Losers: Construction

    Everyone knows someone who works in construction. It’s one of those unwritten facts of life. If policymakers in Washington have their way, you’ll soon be able to say you used to know someone who worked in construction. That’s because the current cap and trade plan, proposed in the U.S. House … More

    Governors Beware: Cap and Trade will Squeeze Your Budget

    The current recession has caused many states to deplete their rainy day funds, and if politicians in Washington have anything to say, governors could see their deficits grow even further. The Waxman-Markey cap and trade bill will prolong and exacerbate the recession and stifle any chance of a quicker economic … More

    CBO Grossly Underestimates Costs of Cap and Trade

    Last week, the Congressional Budget Office released their analysis of the Waxman-Markey climate change bill that had proponents of the bill claiming we could save the planet for just $175 per household. That was the figure CBO estimated cap and trade would cost households in 2020, which “includes the cost … More

    Can Farmers Rely on Efficiency Gains to Meet Cap and Trade Demands?

    The House Energy and Commerce Committee’s Select Committee on Global Warming met last week to discuss the impacts of global warming on agriculture and forestry bill. Some of the more interesting testimony came from Ford B. West, President of The Fertilizer Institute, who elaborated on the challenges cap-and-trade legislation presents … More

    Carbon Offset Program Won’t Offset Farmers’ Lost Income from Cap and Trade

    I will go along with this, even though I am somewhat skeptical, if I can be convinced that this is going to work, that it’s practical, that it makes sense. That’s where I am coming from. I am not carrying water for anybody, I’m just trying to make sense out … More

    More Nuclear Means More Jobs in Struggling Ohio

    Today, USEC, Duke Energy and the international nuclear company AREVA announced plans for a new 1,650-megawatt nuclear reactor to be built in Piketon, Ohio, creating even more jobs for southern Ohio. The announcement comes almost a year after USEC announced it would build a new uranium enrichment plant in Piketon. … More

    Cash for Clunkers Should be Called Cash for Auto Industry

    After passing in the House, the stage is now set for a Senate vote to pass the “Cash for Clunkers” bill that would offer up to $4,500 to trade in a used vehicle for a new one. Although the idea sounds good on paper, we’ve outlined a number of problems … More

    For Those Unemployed from Cap and Trade, Help is on the Way…For 1.5 % of You

    It’s no secret the Waxman-Markey cap and trade legislation to reduce carbon dioxide emissions is a jobs killer. Heritage Foundation economists found that over a 2012-2030 timeline, job losses average over 1.1 million. By 2035, a projected 2.5 million jobs are lost below the baseline (without a cap and trade … More

    Breaking Down the Costs of Waxman-Markey Global Warming Legislation

    The idea behind cap and trade is to reduce carbon dioxide emissions by putting a price on the right to emit carbon and other greenhouse gases on businesses. Because fossil fuels emit carbon dioxide, cap and trade becomes a costly tax on fossil fuels and the energy they generate. Since … More

    Buying Off the Farmers or Causing Farmers to “Buy the Farm”?

    Farming is very energy-intensive. Farmers use a lot of electricity, a lot of diesel fuel, and a lot of natural gas-derived chemicals and fertilizers to grow crops and maintain their farm. So it shouldn’t be surprising a cap and trade program that artificially drives up the cost of energy will … More