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  • Will Cap and Trade Jump Start America’s Economy?

    Although talk of the economy predictably dominated President Barack Obama’s news conference last night, his persistent focus has been health care, education and energy. Cap and trade to reduce carbon dioxide and clean energy investment were again the center of attention: When it comes to cap-and-trade, the broader principle is … More

    Support for Nuclear Stronger Than Ever

    That’s according to a recent Gallup Poll: While most people have supported nuclear power in recent years – usually in the mid-50 percent range – the poll found 59 percent now favor its use. And the number of people who say they strongly favor nuclear – usually around 20 percent … More

    The Longest Sentence Against Global Warming Legislation

    Courtesy of Lord Christopher Monckton: I warn this honorable House that any proposal to inflict billions of dollars of new taxation on all citizens by charging selectively-disfavored industries for arbitrarily-rationed permits to emit a harmless and beneficial trace gas that is necessary to all life on Earth and has little … More

    Is Subsidizing Energy the Way to Go?

    The ethanol mandate taught us that energy subsidies for commercial energy projects can lead to unintended consequences and ultimately be counterproductive. Yet Washington’s attempts to address America’s energy questions continue to rely heavily on preferences, mandates, and subsidies for energy commercialization. This is causing energy experts from across the political … More

    Auto Parts Get $5 Billion Bailout: Where Does the Cycle End?

    In February, groups representing the auto parts suppliers asked for a $25.5 billion bailout from the Treasury. Yesterday, the Treasury announced parts suppliers will receive about one fifth of that through Troubled Asset Relief Funds: The Treasury Department announced a $5 billion program to aid struggling auto-parts suppliers, raising the … More

    Blue Dog Democrats Urge Caution on Cap and Trade, More Spending

    Congress is rumored to be considering passing a cap-and-trade plan through budget reconciliation, which is a process that is only completed if there are special instructions passed in the budget resolution and requires a simple majority, rather than a 2/3rds vote to pass the Senate. Unfortunately, this action sets a … More

    Protectionism in the Name of Global Warming Regulations

    Protectionism is always bad policy. But protectionism during an economic downturn, after taxes have already risen, and in addition to a massive $2 trillion tax on energy consumption is, well, not good. Yet that is exactly what Energy Secretary David Chu seems to be edging towards. In response to the … More

    Stop the Bailouts

    When you do a Google news search for “TARP” there is a common theme throughout the results: more and more banks want to repay the money. The reason for the change of heart, it fuels government power within the financial markets and tax payers have had enough and rightfully so. … More

    Joe Barton’s Letter to Secretary Geithner on Cap and Trade

    Can President Obama lead the United States out of the recession? In a word, no. Economist Russ Robert opines, “No man or woman runs the economy. No man or woman or team of people can possibly plan the evolution of the economy in the coming months. America will come out … More

    Economy Puts the Brakes on Hybrid Sales despite Government Pushing Pedal to the Metal

    Government mandates, preferences and subsidies don’t work. Here’s another example. When gas prices hit record levels over the summer, companies were furiously pumping out oil to meet surging global demand. As the economy took a turn for the worse and demand slowed, there was a noticeable lag as companies continued … More