The following Q&A with The Heritage Foundation’s Ben Lieberman is cross-posted from The Washington Post’s Planet Panel: Q: As the controversy swirling around the IPCC deepens at the same time some are questioning the significance of global warming now that large portions of the U.S. are buried under record-breaking snow, what kind of information do policymakers need to make decisions about climate change? Any risks of global warming need to be weighed against the risks of global warming policies. Policymakers must have accurate information on both sides of the equation …
The global-warming economics coming out of Washington doesn’t match the global-warming economics of Copenhagen. For instance, according to Senator John Kerry (D-MA) cutting CO2 creates jobs and stimulates the economy. At least that’s what the press release describing his cap-and-tax legislation claims. But in Copenhagen this view of economics gets turned on its head. In Copenhagen Senator Kerry talks about the need to pay other countries to adopt the CO2-limiting regulations that supposedly create jobs and stimulate an economy. If the mandates, regulations, and energy taxes needed for carbon caps …
Laurie Williams and Allan Zabel, two lawyers currently working at the Environmental Protection Agency (EPA), spoke out against cap and trade in their Washington Post column. Zabel has first hand experience with cap and trade, overseeing California’s cap and trade and offsets programs. The article is full of good reasons why a cap and trade program to reduce greenhouse gas emissions is a bad idea. They also highlight how it differs substantially from the acid rain cap and trade plan, which proponents tout as a reason to cap and trade …
For the second day, Republican Senators boycotted the scheduled markup of the Kerry-Boxer (S.1733) cap-and-trade bill. Senator Inhofe (R-OK) appeared briefly to emphasize that the minority is holding firm to their demands that the Environmental Protection Agency complete a comprehensive economic analysis. Rather than use a procedural gambit to trounce the rights of the minority, Senator Boxer announced the committee would receive a briefing from committee staff on the actual provisions of the latest version of the bill. That is certainly not objectionable, but common sense suggests a thorough understanding …
According to The New York Times/ClimateWire, there is a new version of the Kerry-Boxer cap-and-trade legislation. For those keeping track, that makes no less than five different versions in just 36 days. Let us recap: September 29 – 684-page draft version September 30 – 801-page updated draft version September 30 – 821-page bill, as introduced October 23 – 925-page chairman’s mark November 3 – 959-page updated chairman’s mark
Over the summer The Washington Post called Europe’s experience with cap and trade as “Exhibit A” of what not to do on climate. Yesterday, the Competitive Enterprise Institute’s Iain Murray brought evidence to the jury – that jury being Senate Environment & Public Works Committee. Murray detailed the failures of the EU cap and trade scheme. Despite the European Union establishing an Emissions Trading Scheme (ETS) in the year 2000, the United States has had similar or better emissions reductions than most countries: “According to the United Nations Framework Convention …
Senate Finance Chairman Max Baucus made headlines this week for something other than healthcare. On October 27 Senator Baucus said he has “serious reservations” about the cap and trade bill, especially the increased near-term target of 20 percent carbon dioxide reduction below 2005 levels by 2020 – up from 17 percent in the passed House bill. No changes can be made within the cap and trade approach can alleviate his concerns. Changing the targeted emissions reductions for 2020 from 20 percent to 17 percent might reduce the near-tem economic impact, …
“Second verse same as the first, a little bit louder and a little bit worse.” This is the basic theme of the EPA’s analysis of the shrouded Boxer-Kerry Bill (S. 1733). Given just 12 days to analyze the Boxer-Kerry climate bill (that others were not allowed to review), the EPA relied on previous analysis and the similarities between Boxer-Kerry and previous climate bills, most notably Waxman-Markey (H.R. 2454). Comparing S. 1733 to H.R. 2454 they conclude (page 28): While there are some minor differences in the bills in several areas …
