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  • Waxman Markey Cap and Trade's Biggest Losers: Wood Products

    One of the advantages of The Heritage Foundation’s economic analysis of the Waxman-Markey climate change bill is we can determine out who loses most of all the losers. We’ve detailed the negative impacts cap and trade would have on farmers, manufacturers and construction workers. This time, it’s the wood product … More

    Waxman Markey Cap and Trade’s Biggest Losers: Machinery

    It’s no secret operating machinery uses a lot of energy. What policymakers are trying to keep a secret is how cap and trade will affect the machinery industry, along with other energy intensive industries (farming, construction, manufacturing). Cap and trade is an energy tax in disguise. Knowing that the public … More

    Waxman Markey Cap and Trade’s Biggest Losers: Paper, Plastics and Rubber

    We continue to highlight particular industries hit hard by the Waxman-Markey cap and trade bill. The next three, although technically classified as two categories, are also energy-intensive subsets of the manufacturing sector. The North American Industry Classification System (NAICS) classifies the plastics and rubbers products industries as a manufacturing “subsector … More

    Waxman Markey Cap and Trade's Biggest Losers: Electrical Equipment & Appliances

    Household appliances use a lot of energy, which is why for the past several years policymakers have tried to mandate energy efficient standards on washing machines, refrigerators and other products. Energy efficiency can be beneficial for consumers, but rarely when the government tries to force it on the public. Energy-efficient … More

    Waxman-Markey Cap and Trade’s Biggest Losers: Manufacturing

    We’re in one of the worst economic downturns our nation has ever faced, and policymakers have rightly expressed their concerns about losing more jobs. Fearing that we’re losing too many jobs overseas through trade pacts, 106 Members of Congress are seeking to revamp U.S. trade policy: Many Democrats on Capitol Hill, however, … More

    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