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  • Do You Trust the Government to Take Your Money and Give it All Back to You? (Part 4 in a 10-Part Series)

    The reason cap-and-trade and carbon tax have been used interchangeably in the global warming debate is because they are essentially the same thing: a massive tax on energy. Although a more direct approach would be to tax carbon dioxide, it does not make it any more acceptable. But this tax … More

    Green Energy Goes "Gang Green"

    Literally: “Anti-Mafia magistrates in Sicily have opened a sweeping investigation into the wind power sector where local officials, entrepreneurs and crime gangs are suspected of collusion in the construction of lucrative wind farms before their eventual sale to multinational companies. Italian and EU subsidies for the building of wind farms … More

    Waxman Bypasses Political Obstacles to Move Forward with Global Warming Bill

    If you cannot agree on something, go forward with it anyway. Is that how our founding fathers intended the political process to work? From Politico: “Energy and Commerce Chairman Henry Waxman plans to fast-track his controversial climate change bill, bypassing the political hurdles of the subcommittee. ‘I’m still holding firm … More

    Putting a Price on Carbon

    During the 2009 Offshore Technology Conference yesterday a lengthy panel took place to discuss meeting America’s energy challenges in both the near and the long term. The list of the panelists can be found below. Although not everyone came out and said it, a number of the panelists concluded a … More

    An All of the Above Approach to Energy?

    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, … More

    Will Cap and Trade Save the Planet? (Part 3 in a 10-part Series)

    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. … More

    Cap and Tax Will Force You to Make Budget Cuts: Part 2 in a 10-Part Series

    On April 20, President Obama called for $100 million in budget cuts after announcing spending increases of $4 trillion. Heritage Senior Policy Analyst Brian Riedl breaks it down nicely: • It is 1/40,000 of the federal budget; • It is 1/7,830 the size of the recent “stimulus” bill; • It … More

    Cap-and-Tax is a Jobs Destroyer: Part 1 in a 10-Part Series

    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 … More

    Are You Smarter than a 5th Grader? The Milton Friedman Edition

    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]

    It’s Official: Chrysler Files for Bankruptcy

    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 … More