The 2009 Offshore Technology Conference kicked off yesterday with a star-studded panel offering perspectives from all sides to discuss meeting America’s energy challenges in both the near and the long term. The panel included statements and question and answers from Roger Ballentine (Senior Fellow, Progressive Policy Institute), Jack Gerard (President, …
Global warming skeptics are quick to point out the exorbitant costs of global warming legislation because they are, well, exorbitant. The $1.9 trillion of tax revenue generated over eight years from a cap-and-trade bill would still be larger than the $1.5 trillion from NASA, the New Deal, and Hurricane Katrina. …
Policymakers in Washington want to dramatically change America’s energy policy by regulating carbon dioxide emissions. Their most popular idea, included in the Waxman-Markey 2009 energy bill, is a cap and trade proposal. Many Americans find the debate in Washington over adopting a cap-and-trade program to reduce carbon dioxide a bit …
Maybe the title should be: Are you smarter than Congress? Either way, all signs point to yes. Milton Friedman offers some very good and relevant advice in his interview with a 5th grader from 2003. [youtube]http://www.youtube.com/watch?v=MKke98eAfcQ[/youtube]
From CNNMoney: “Chrysler LLC will file for Chapter 11 bankruptcy protection in a New York court Thursday senior Obama administration officials said, kicking off what the administration predicts will be a 30- to 60-day restructuring for the third-largest U.S. auto maker. The U.S. government will provide up to an additional …
25 by 2025. That’s the target proposal for a federally mandated renewable portfolio standard RPS (also called renewable electricity standard RES) in which the federal government would mandate to have 25 percent of the nation’s electricity from renewable energy by 2025 – primarily wind, solar and hydro. During the Congressional …
Republicans and Democrats alike are voicing their concerns over the Clean Energy and Security Act that includes a renewable portfolio standard, federal spending for clean energy technology, and above all else, a cap-and-tax program that would attempt to reduce carbon dioxide emissions. Introduced by Chairman Henry Waxman (D–CA) of the …
Pepperdine economist George Reisman reminds us, and hopefully our policymakers, that we shouldn’t be creating jobs for the sake of creating jobs: Indeed, advancing the goals of environmentalism is capable of creating a virtually limitless number of jobs. Big-rig trucks and their “polluting” emissions might be done away with by …
