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  • Cap and Trade Global Warming Bill

    Time vs. Truth When it Comes to Cap and Trade

    “In fact, they’re all but lying.” Those are pretty strong words to be used in a national news source, especially one that aspires to be an arbiter instead of an advocate. So, it is disappointing that Time magazine would make that statement either in clear ignorance of the facts or … More

    CBO's Latest Cap and Trade Analysis

    Here’s today’s news from the Congressional Budget Office on the recently passed Waxman-Markey legislation: It’s a big tax and spend bill. For the years 2010-2019 the tax increase is $872.8 billion. Ka-ching! (For the record, that’s pretty close [we’re talking government work here] to the $885 billion revenue estimate that … More

    House of Representatives Puts Politics and Special Interests before American Consumers

    The Waxman-Markey Cap and Trade bill passed by a narrow margin tonight, 219 to 212, with 8 Republicans supporting and 44 Democrats voting against– hardly overwhelming support. So, one of the largest tax revenue-generating bills in history passed the House of Representatives on a 7 point margin in a 435-seat chamber. … More

    Why are Businesses Helping to Shape a Cap and Trade Bill That will Inevitably Hurt Them?

    Someone please answer that question. Let’s start with this: a new study from the University of Wisconsin-Madison finds that food and energy demand will outpace production to meet those needs over the next several years. The need for greater energy and food production and the jobs that could be created from … More

    UN Admits Cap and Trade is Harmful: Congress Should Discuss Border Tax Adjustments

    A paper released today by the United Nations Environment Program and the World Trade Organization acknowledged that cap and trade legislation would be expected to have significantly harmful economic consequences, likely including a serious loss of international competitiveness. In response, governments considering such a policy would likely want to consider … More

    Morning Bell: Waxman-Markey an Energy Tax That Doesn't Work

    Later today, the House of Representatives is slated to vote on the most convoluted attempt at economic central-planning this nation has ever attempted: cap and trade. The 1,200-plus page Waxman-Markey climate change legislation is nothing more than an energy tax in disguise that by 2035 will raise: Gasoline prices by … More

    Video: Heritage's Kreutzer on Cap & Tax

    [youtube]http://www.youtube.com/watch?v=0JTmYX9GSeU[/youtube]

    Cap and Trade Hits the Poor the Hardest

    The Congress of Racial Equality (CORE), best known for its pioneering work in the civil rights movement, has joined an increasingly loud chorus calling out proposed “cap-and-trade” legislation as a regressive tax, and a steep one at that. Roy Innis, CORE National Chairman since 1968, writes: The civil rights challenge … More

    President Obama, You Forgot a Word in Your Cap and Trade Speech

    When pressing the House of Representatives on the Waxman-Markey cap and trade bill, President Obama remarked, Make no mistake: This is a jobs bill. Insert “killing” between “jobs” and “bill,” and you have yourself an accurate statement. Cap and trade is a jobs-killing bill. According to The Heritage Foundation analysis … More

    Waxman Markey Cap and Trade's Biggest Losers: Transportation

    The auto industry has long been a target of environmental activists. The push to put American consumers in smaller cars has been made quite clear. First, the Obama Administration enacted higher fuel efficiency standards – standards laden with unintended consequences. Now Congress is considering a cap and trade proposal that, … More