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  • cap and trade

    Global Warming Legislation vs. Largest Government Projects in History

    Add together NASA since its inception, the cost of Hurricane Katrina and spending on the New Deal. Adjust for inflation. What do you get? Not quite the amount of money a cap and trade program would generate in energy taxes on consumers. The $1.9 trillion generated over eight years from … More

    What Will You Give Up to Fight Global Warming?

    The current recession is causing Americans to take a second look at their household budget. Well, if Congress enacts cap and trade legislation, recently proposed by Chairman Henry Waxman (D-CA) of the Energy and Commerce Committee and Chairman Edward Markey (D-MA) of the Energy and Environment Subcommittee, families will have … More

    Bad Energy Policy and The Heritage Foundation’s Response

    The National Basketball Association’s San Antonio Spurs are known for winning NBA championships in odd years, winning in 1999, 2005, 2005 and 2007. Bad energy bills are beginning to follow the same trend as Congress passed energy bills in 2005 and 2007 that focused on subsidies and mandates as opposed … More

    Senators Reject Cap, Tax and Spend to Socialize Scheme

    The United States Senate declared that any revenues generated from a carbon cap-and-trade scheme or carbon tax could not be used to fund government programs, including the initial stages of government-run health care. By adopting an amendment by Senator Barbara Boxer (D-Calif.), policymakers stated that American consumers should be held … More

    Man’s Contribution to Global Warming

    Out of the entire atmospheric makeup, only one to two percent is made up of greenhouse gases with the majority being nitrogen (about 78 percent) and oxygen (about 21 percent). Of that two percent, “planet-killing” carbon dioxide comprises only 3.62 percent while water vapor encompasses 95 percent. And of the … More

    Costly Energy Budget: Taxpayers Pay Big for Extreme Environmental Agenda

    Taxing Every American Even Obama’s “95%”: President Obama’s energy policies will cost Americans more money, limit their access to America’s resources, and provide little, if any, environmental benefit. It is an extreme environmental agenda. Climate “Revenue”: The President’s budget proposes a $646 billion cap-and-trade tax that would cost each household in … More

    Cap and Trade: Wall Streeters Getting Ready to Cut a Fat Hog

    Last night President Barack Obama said: “Bankers and executives on Wall Street need to realize that enriching themselves on the taxpayers’ dime is inexcusable, that the days of outsized rewards and reckless speculation that puts us all at risk have to be over.” But who does he think is going … More

    Will Cap and Trade Jump Start America’s Economy?

    Although talk of the economy predictably dominated President Barack Obama’s news conference last night, his persistent focus has been health care, education and energy. Cap and trade to reduce carbon dioxide and clean energy investment were again the center of attention: When it comes to cap-and-trade, the broader principle is … More

    Morning Bell: Regulations of Mass Job Destruction

    Do you eat, sleep or pray? If so, then the Obama Administration wants to monitor, regulate and tax you. According to federal records only published yesterday, this past Friday the Environmental Protection Agency submitted a proposed rule to the White House that finds carbon dioxide to be a danger to … More

    Blue Dog Democrats Urge Caution on Cap and Trade, More Spending

    Congress is rumored to be considering passing a cap-and-trade plan through budget reconciliation, which is a process that is only completed if there are special instructions passed in the budget resolution and requires a simple majority, rather than a 2/3rds vote to pass the Senate. Unfortunately, this action sets a … More