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  • Cap and Trade Global Warming Bill

    Morning Bell: Cutting Recovery Off at the Knees

    President Barack Obama travels to Macomb Community College in Michigan today where he will unveil $12 billion in aid to the nation’s community colleges. According to Politico, the President’s message will be that “in a competitive global economy, the country’s economic viability depends upon the education and skills of its … More

    Global Leaders Agree on Temperature Cap

    Leaders of eight industrialized nations met last week in Italy to discuss a number of critical issues, including climate change, and in what British Prime Minister Gordon Brown called a “historic agreement,” the G8 agreed that “average global temperatures shouldn’t increase by more than 2 degrees Celsius[,] in a significant … More

    Heritage’s Ben Lieberman Sets the Record Straight on Europe’s Cap and Trade Experience

    As of late, when it comes to policymaking in Washington D.C., the trendy thing to do has been to point to Europe. Our Members of Congress are doing it with two of the largest reform policies currently on the table: health care and energy. With regards to energy, advocates of … More

    No Surprise: Global Warming Bill Delayed in Senate

    Senate Environment and Public Works Committee Chairman Barbara Boxer (D-CA) has abandoned her plans to draft and mark-up a comprehensive national energy tax modeled after the House-passed Waxman-Markey bill before Congress’s August recess. According to Reuters, Boxer promised, “we’ll do it as soon as we get back” from our month-long … More

    Morning Bell: EPA Admits Cap-and-Trade Will Fail

    The Senate Environment and Public Works Committee began their hearings on the 1,500 page Waxman-Markey cap-and-trade legislation Tuesday, and ranking member Senator James Inhofe (R-OK) won a startling admission from Environmental Protection Agency administrator Lisa Jackson. Inhofe produced an EPA chart generated last year during the Senate’s debate of the Lieberman-Warner … More

    EPA Admits Cap-and-Trade Won’t Work

    With the Waxman-Markey cap-and-trade bill passing the House on June 26th, we turn our attention to the Senate side of the debate. And it’s already starting: Cabinet officials pressed President Barack Obama’s case for climate-change and clean-energy legislation at a Senate hearing on Tuesday as lawmakers clashed over whether a … More

    Cap and Trade: What's the Point?

    There’s a point at which you’ve got to ask yourself, what are we doing here? What’s the point?” That’s Elaine Kamarck, a former Clinton administration official and advisor to at that time Vice President Gore, and she’s talking about the Waxman-Markey cap and trade bill. In order to garner enough … More

    Will Obama Fight for Free Trade?

    The New York Times reported last week: President Obama on Sunday praised the energy bill passed by the House late last week as an “extraordinary first step,” but he spoke out against a provision that would impose trade penalties on countries that do not accept limits on global warming pollution. … More

    Treason Against the Planet or Treason Against the Economy?

    After the Waxman-Markey cap and trade bill narrowly passed the House of Representatives (219-212), Nobel Laureate economist Paul Krugman, an avid supporter of global warming legislation, expressed his discontent. His concern was not with the bill but those who voted against it. In his New York Times column Krugman says, … More

    How Did Waxman-Markey Pass the House? Bribes Like This

    From today’s Washington Times: When House Democratic leaders were rounding up votes Friday for the massive climate-change bill, they paid special attention to their colleagues from Ohio who remained stubbornly undecided. They finally secured the vote of one Ohioan, veteran Democratic Rep. Marcy Kaptur of Toledo, the old-fashioned way. They … More