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  • Moral Hazards are Not Something to Toy With

    The recently enforced Consumer Products Safety Improvement Act created many unintended consequences for toy manufacturers and oddly enough, even for your local library, but most of which, blinded parents’ sense of caution when it comes to buying toys for their children. This regulation, which went into effect on February 10, … More

    Pelosi’s Big Bad Energy Idea

    Instead of a bunch of small, bad energy bills, why not have one, large bad energy bill? That seems to be the sentiment coming from Speaker of the House Nancy Pelosi. Cap-and-trade. A National Renewable Portfolio Standard. A New Smart Grid. Throw it all in there. Pelosi told reporters yesterday … More

    A Tax by Any Other Name

    Is still a tax. This notion is especially important now as more people are beginning to recognize what a cap-and-trade program to reduce carbon dioxide actually is: a heavy tax on energy consumption. The Wall Street Journal bluntly says, “If it brings in revenue that the government then spends, it’s … More

    Breaking Down the Energy Budget

    Looking at the energy sections of the budget blueprint released Thursday, two themes come to mind. Theme #1 Let’s give The Department of Energy (DOE) and Environmental Protection Agency (EPA) more money. DOE’s budget for the fiscal year 2009 is just shy of $34 billion, up dramatically from $24.1 billion … More

    The EPA, the Budget and Global Warming

    President Obama released his budget blueprint yesterday. Titled, “The New Era of Responsibility,” the full 140-page blueprint, broken down by department, can be found here. The Environmental Protection Agency’s budget, which balloons from $7.8 billion in 2009 to $10.5 billion in 2010, includes the following paragraph: After enactment of the … More

    Morning Bell: Free Our Energy

    Department of Interior Secretary Ken Salazar is once again taking steps towards increasing our energy dependence. Just a few weeks after the Obama Administration unnecessarily slowed the process of leasing offshore areas to energy companies for drilling; Secretary Salazar is now rescinding leasing plans for oil-shale development on federal land … More

    Cap-and-Trade vs. Carbon Tax: CO2 Crowd Breaking Ranks with President?

    In last night’s speech, President Obama remarked, “So I ask this Congress to send me legislation that places a market-based cap on carbon pollution and drives the production of more renewable energy in America.” Today the House Committee on Ways and Means held a hearing on the scientific objectives for … More

    It’s Irresponsible to Have More Than 2 Kids

    That’s according to Jonathon Porritt, who chairs the UK’s Sustainable Development Commission. The carbon footprint from having more than two children will inflict too much damage on the environment to justify having any more. Straight from Porritt’s mouth: I am unapologetic about asking people to connect up their own responsibility … More

    Offshore Drilling: Just Do It

    That’s how the American voters feel. In a poll conducted by Harris Interactive on behalf of the American Petroleum Institute, 61 percent of Americans support access to oil and natural gas resources in federal waters on the Outer Continental Shelf and the Gulf of Mexico. Only 26 percent opposed. It … More

    Carbon Dioxide Regulation Contradicts Stimulus Spending

    Recently, House Members have added a provision to the Omnibus bill that “allows the Interior Department to withdraw two Endangered Species Act rules (one on Section 7 consultation and another on polar bears) within 60 days of enactment.” There are two key questions to be addressed under this provision. 1.) … More