Senate Finance Chairman Max Baucus made headlines this week for something other than healthcare. On October 27 Senator Baucus said he has “serious reservations” about the cap and trade bill, especially the increased near-term target of 20 percent carbon dioxide reduction below 2005 levels by 2020 – up from 17 …
Our friends at the Oregon-based Cascade Policy Institute produced a 22-minute documentary on global warming. Appropriately titled, Climate Chains, the movie discusses how cap and trade legislation to reduce greenhouse gas emissions will raise energy prices, reduce our standard of living, have no net environmental impact and reduce our economic …
As you read this, the Environmental Protection Agency is modeling the economic impacts of a semi-draft form of the Boxer-Kerry cap and trade legislation. “Environment and Public Works Chairwoman Barbara Boxer said a bill EPA is analyzing should be marked up in her panel by the second week in November. …
Last night Heritage hosted the world premiere of “Not Evil Just Wrong,” a feature-length documentary that reveals the true cost of global warming hysteria and the unintended consequences of radical environmental policies that have been going on for decades. The film was broadcast live on Ustream.tv and screened at 6,000 …
The economic losses from carbon emissions cap-and-trade policies are often compared with “the cost of doing nothing.” CBO director Doug Elmendorf in his testimony to the Senate Energy and Natural Resources Committee labels these costs as nonmarket impacts. These include effects of human health, loss of species’ habitats, and other …
Congressional Budget Office Director Douglas Elmendorf testified on October 14 before the Senate Committee on Energy and Natural Resources to discuss the economic effects of reducing greenhouse gas emissions and the effects – most notably the effects of the Waxman-Markey cap and trade legislation. Although Elmendorf felt that Waxman-Markey could …
Senators Barbara Boxer (D-Calif.) and John Kerry (D-Mass.) introduced draft legislation of a cap and trade bill with slightly more stringent near-term carbon reduction targets and Kerry’s message was simple: The recession worked so well to reduce carbon dioxide emissions, let’s keep it going. Senators from both sides of the …
