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  • Cap and Trade Global Warming Bill

    The $4300 Energy Tax

    There have been a lot of numbers floating around measuring the costs of cap and trade. For instance, a study by MIT professor John Reilly shows a carbon cap and trade would cost the average American household $3,900 a year. $800 of that figure comes from, according to Reilly, “the … More

    Global Warming Regs Will Hand Our Children a Lower Standard of Living

    We’re mortgaging our children’s future. We’ve heard that phrase time and time again. President Obama used it just yesterday acknowledging that the U.S. debt load is “unsustainable”, saying, “We can’t keep on just borrowing from China. We have to pay interest on that debt, and that means we are mortgaging … More

    Waxman’s Lower Standards Do Not Reduce Costs to Consumers

    In an attempt to win over the public, manufacturers and garner more Congressional support, House Energy and Commerce Committee chairman Henry Waxman reduced the short-term stringency of greenhouse gas emission cuts as well as reduced the impossible goals for a renewable portfolio standard. The concessions, as reported by CQPolitics and … More

    A Carbon Tax Is An Economy Killer, Too

    In response to the Waxman-Markey cap and trade bill to reduce carbon dioxide and other greenhouse gas emissions, GOP lawmakers Bob Inglis of South Carolina and Jeff Flake of Arizona are set to introduce carbon tax legislation. A carbon tax is a direct, more predictable tax on carbon emissions, but … More

    Cap and Corruption: The Fraud behind Carbon Reduction Targets (Part 7 in a 10-part series)

    If former presidential candidate Ralph Nader, the greenest of all the greens, the man who played an integral role in starting the Environmental Protection Agency and passing the Clean Air and Clean Water Acts, opposes cap and trade, it’s probably not a good idea. Here’s what Nader told the New … More

    Cap and Trade Equals Reduced Trade (Part 6 in a 10-Part Series)

    The economic costs associated with a cap and trade policy are real. Republicans and Democrats alike realize this and have urged caution that a bill must protect American consumers and businesses. One idea floating around to protect American business and manufacturers is a protectionist carbon tariff. Secretary of Energy Steven … More

    Cap and Trade's Cost for Average British Household £20,000

    Earlier today we noted that a recent MIT study showed that cap and trade energy tax proposals would cost the average American household $3,900 per year. Fortunately for us, the enviro-left has not yet succeeded in leveling their energy tax on the American people. The British are not so lucky. … More

    The Global Warming Debates Aren’t Over. (Part 5 in a 10-part series)

    When it comes global warming, two debates are currently taking place. At the forefront is the political debate. Current legislation introduced by House Democrats Ed Markey and Henry Waxman includes a cap-and-trade plan to attempt to reduce carbon dioxide and other greenhouse gases. But the debate unfortunately (and like most … More

    Do You Trust the Government to Take Your Money and Give it All Back to You? (Part 4 in a 10-Part Series)

    The reason cap-and-trade and carbon tax have been used interchangeably in the global warming debate is because they are essentially the same thing: a massive tax on energy. Although a more direct approach would be to tax carbon dioxide, it does not make it any more acceptable. But this tax … More

    Waxman-Markey: Trillions in Economic Pain for No Environmental Gain

    Summer is coming and homeowners know that it costs a few dollars more to crank up the air-conditioning by setting the thermostat a degree or two cooler. Well, Washington is about to try a similar thing, only it wants to spend trillions of dollars of our money to reduce the … More