Yesterday marked the 40th birthday of the Environmental Protection Agency’s (EPA) Clean Air Act (CAA), and environmentalists celebrated by reminding us how beneficial the regulation has been at improving air quality in the U.S. Now the EPA wants to turn the Clean Air Act’s birthday party into an all-out rager …
Much of the justification for subsidies, tax credits, and mandates for increasing wind energy production in the U.S. is that it will create jobs and help cool our planet’s fever. We’ve explained in detail how subsidized green jobs destroy jobs elsewhere, but it also turns out that increased wind power …
Whatever prospects lie ahead for cap and trade legislation moving through the Senate might not matter if the Environmental Protection Agency continues forward on its path to regulate carbon dioxide. The EPA’s endangerment finding, which took place earlier this year, gives the agency the authority to use Clean Air Act …
United Nations Secretary-General Ban Ki-moon is never afraid to make headlines when it comes to his stance on climate change. In 2007 he likened the war on climate change to actual war saying, “”The majority of the United Nations work still focuses on preventing and ending conflict. But the danger …
The International Monetary Fund (IMF) is attempting to do what couldn’t be done at the international climate change conference in Copenhagen last December: Transfer large sums of wealth from developed countries to developing ones in the name of climate change. From BusinessWeek: Dominique Strauss-Kahn, head of the International Monetary Fund, …
As the national average of gasoline creeps to three dollars a gallon, economists are warning that high gas prices in the United States could slow the economic recovery. Other countries’ economies are recovering more quickly and increased production and activity is putting upward pressure on oil prices. That coupled with …
At least when there was a housing bubble, there were actual houses involved. The next bubble could ostensibly be a carbon dioxide bubble; the newly-created, artificial market for a clear, odorless gas is growing at rapid rates. According to a new article from Mark Shapiro in Harper’s: Carbon trading is …
President Obama called on the federal government, the nation’s largest energy consumer, to its increase energy efficiency and to reduce its greenhouse gas emissions 28 percent by 2020. According to the White House if the targets are met they “would reduce federal energy consumption by the equivalent of 646 trillion …