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    Backdoor Global Warming Policy Will Prolong the Recession

    Omnibus spending bills are typically end-of-the-year bills laden with wasteful earmarks and specific pet projects that cost the taxpayer billions of dollars. Because of the stimulus bill Congress pushed Omnibus legislation for the fiscal year 2009 into February with a vote in the House expected to come this week and … More

    The Carbon Trading Boondoggle: Evidence from Europe

    Apparently people forgot to mention to the central planners in Europe that prices fall during a recession. That includes carbon prices: Set up to price pollution out of existence, carbon trading is pricing it back in. Europe’s carbon markets are in collapse. A year ago European governments allocated a limited … More

    The Unintended Consequences of Global Warming Hysteria

    In what has been an unusually and welcoming warm week in the District and with that comes the “What’s so bad about global warming?” or “I love global warming!” facetious remarks. The funny thing is these comments are made by both global warming alarmists and global warming skeptics. As most … More

    Will Carbon Trading End Up like the Subprime Mortgage Crisis?

    Vincent de Rivaz, CEO of the UK arm EDF energy, made an interesting but frightening comparison when talking about trading carbon credits under the European Union’s cap-and-trade program: We like certainty about a carbon price. [But] the carbon price has to become simple and not become a new type of … More

    Global Warming is Irreversible

    Global warming skeptics generally fall into four camps. 1.) We are in a period of global warming just as we could enter a period of global cooling in the future. 2.) The earth is warming but it’s not attributed to man-made activities. 3.) There is some truth to man-made warming … More

    Waxman's Global Warming Plan That Will Save Our Economy

    California Rep. Henry Waxman, chair of the Energy and Commerce Committee, has a New Year’s resolution. For the good of the economy, let’s all hope he can’t keep it. AP reports, The chairman of a key House committee said Thursday he will move “quickly and decisively” to push legislation curbing … More

    'Global' Global Warming Treaty is a Bad Idea

    As countries from all over the world reconvene in frigid Posnan, Poland for the second week of United Nations climate change discussions, the potential for a global pact to reduce greenhouse gas emissions appears to be fading, much like global warming hysteria itself. Reuters reports, A year ago, 190 nations … More

    Morning Bell: We're About to Have a Jobs Terminator in Washington

    In a taped message shown yesterday to California Gov. Arnold Schwarzenegger’s “Governors Global Climate Summit,” President-elect Barack Obama reiterated much of the same rhetoric from the campaign trail: a federal cap-and-trade system, cutting carbon emissions by 80% by 2020, $15 billion a year in new spending, and 5 million new … More

    It's Not Easy Being Green

    Kermit the Frog poured his heart out when he sang, “It’s Not Easy Being Green.” I couldn’t have said it better myself. In fact, it’s quite costly to be green. But policymakers and environmentalists alike are purporting the ‘Green Revolution’ as the solution to both our financial woes and our … More

    Global Warming Debate Heats Up Again

    Climage change is making its way back into the news and House Energy and Commerce Committee Chairman John Dingell and Rep. Rick Boucher managed to do something that other global warming proposals have not: They’ve actually upset the environmental groups that have been clamoring for reductions on carbon dioxide and … More