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    Heritage Comments on the CBO Brief: “The Costs of Reducing Greenhouse-Gas Emissions.”

    On November 23, 2009 the Congressional Budget Office issued “Economic and Budget Issue Brief: The Costs of Reducing Greenhouse-Gas Emissions.” This brief echoed many of the points The Heritage Foundation has made in its reports, WebMemos, blogs and our responses to a request from Henry Waxman (D-CA), chairman of the House Energy and Commerce Committee. For example: A. The CBO correctly notes that efficiency mandates (standards) don’t lower the cost of cap and trade. Here’s how they say it: “However, standards would tend to increase the costs of a cap-and-trade … More

    Global Warming Debate Goes Cold

    As the House of Commons in England was debating global warming legislation, something happened that hasn’t occurred since 1922. Snow started to fall in October. Since the late 1980s, the left has been warning us of impending doom. Liberals say that the Earth’s temperature is rising and that carbon emissions are to blame. Is this really the case? Or are things happening outside of human control? The left would have you believe that it is the fault of human intervention. Liberals have even resorted to politicking fear. The warned the … More