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  • cap and trade industry series

    Waxman-Markey Cap and Trade’s Biggest Losers: Manufacturing

    We’re in one of the worst economic downturns our nation has ever faced, and policymakers have rightly expressed their concerns about losing more jobs. Fearing that we’re losing too many jobs overseas through trade pacts, 106 Members of Congress are seeking to revamp U.S. trade policy: Many Democrats on Capitol Hill, however, are unhappy about manufacturing job losses that they blame on trade pacts such as NAFTA and say they do not want to approve any more agreements without some safeguards.” So, politicians want to protect manufacturing jobs, yet they are hastily … More

    Waxman-Markey Cap and Trade’s Biggest Losers: Construction

    Everyone knows someone who works in construction. It’s one of those unwritten facts of life. If policymakers in Washington have their way, you’ll soon be able to say you used to know someone who worked in construction. That’s because the current cap and trade plan, proposed in the U.S. House of Representatives by Henry Waxman (D-CA) and Ed Markey (D-MA), will dramatically raise the cost of using energy. And construction is, well, energy intensive. Even without cap and trade, The Energy Information Agency projects industrial sector growth in construction will … More