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  • Cap and Trade Global Warming Bill

    Heritage Foundation Releases Economic Study of Waxman-Markey Cap and Trade Bill

    The idea behind cap and trade is to reduce carbon dioxide emissions by putting a price on the right to emit carbon and other greenhouse gases on businesses. Since 85 percent of America’s energy needs are met through carbon-emitting fossil fuels, cap and trade would be a massive tax on … More

    Capping the Wild, Wild West's Carbon Emissions

    A look at the states hit hardest by the Waxman-Markey cap-and-trade policies immediately reveals a serious regional divide. The regions worst affected? About half the country. Testifying before a hearing of the Congressional Western Caucus, The Heritage Foundation’s Senior Policy Analyst Ben Lieberman elaborated: The disproportionate burden affects the West. … More

    Waxman-Markey Just Doesn't Add Up

    The Waxman-Markey climate change bill, a 1,427-page special-interest wish list, was put together in such a rush that the numbers don’t add up. Sum the percentage of emissions allowances to various special interests in the years 2016 and 2017 and (surprise, surprise) you get a value greater than one hundred. … More

    Big Goverment Spends Taxpayer Dollars to Study Energy Behavior

    From E&E News: “House Science and Technology Committee yesterday approved legislation to establish a social and behavioral sciences research program at the Energy Department. The Science Committee also approved three bills to focus DOE research on energy efficiency and advanced energy technologies through programs in advanced vehicle technologies, wind energy … More

    Refinery Opposes Cap and Trade

    From the International Business Times: Valero Energy Corp. chief executive officer Bill Klesse hopes the Waxman-Markey bill, which includes a proposal to enact a cap-and-trade system in the country, is eventually defeated when it gets into the U.S. Senate, he said Tuesday. The executive, who leads the largest independent oil … More

    Gas Prices Rise, Time to Blame the Speculators

    The national gas price average is $2.51 for July 28, 2009, far less than the $3.96 it was one year ago to this date, but still high enough to make you groan as you wait for a seemingly-endless long time for that click of the pump, letting you know your … More

    Video: Why Global Warming Policies Are More Dangerous Than Global Warming Itself

    Competitive Enterprise Institute Senior Fellow Marlo Lewis explains the truth about global warming in his film Policy Peril: Why Global Warming Policies Are More Dangerous Than Global Warming Itself. The movie includes cameos from Heritage’s Ben Lieberman and David Kreuzter and is full of talking points to debunk the common … More

    How a Bill Becomes Law: Chicago Style

    You might think that passing a bill through Congress is a really difficult and honorable task that involves late night debates, hours spent analyzing proposals and reading legislation, policy wonks splitting hairs over detailed issues, and a healthy dose of respectful opposition and transparency. Oh boy, would you be wrong. … More

    Cap and Trade's Effect on Diesel Prices

    Do you drive a truck or a farm tractor? If not, do you use any products grown on a farm or shipped by truck? Well, here’s some news: The Waxman-Markey energy tax bill will make all those products more expensive. By artificially restricting use of fossil fuels (which provide 85 … More

    India Balks at Hillary Clinton’s Carbon Reduction Talk, Questions Global Warming Science

    For any carbon reduction scheme to succeed in reducing global carbon emissions, the plan itself must be global in nature. The problem is, the world’s two biggest emerging powers and carbon emitters, China and India, have no interest in joining any such pact. That was made all the more evident … More