Protectionism is always bad policy. But protectionism during an economic downturn, after taxes have already risen, and in addition to a massive $2 trillion tax on energy consumption is, well, not good. Yet that is exactly what Energy Secretary David Chu seems to be edging towards. In response to the …
Anthropogenic, (processes derived from human activities) effects on climate change is the topic for the next panel. William Kininmonth, a consulting climatologist with the Australian Climate Research Institute, says that anthropogenic effects on climate change are very real. But his data and evidence suggest there is nothing to worry about. …
In last night’s speech, President Obama remarked, “So I ask this Congress to send me legislation that places a market-based cap on carbon pollution and drives the production of more renewable energy in America.” Today the House Committee on Ways and Means held a hearing on the scientific objectives for …
Recently, House Members have added a provision to the Omnibus bill that “allows the Interior Department to withdraw two Endangered Species Act rules (one on Section 7 consultation and another on polar bears) within 60 days of enactment.” There are two key questions to be addressed under this provision. 1.) …
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 …
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 …
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 …
