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    Harry Reid’s “Smaller” Energy Bill Would Come with Big Costs

    Senator’s John Kerry (D-MA) and Joe Lieberman (I-CT) are set to release the Senate version of a cap and trade bill tomorrow that will call for a 17 percent cut in emissions below 2005 levels by 2020. But if cap and trade cannot garner enough support, Senator Harry Reid (D-NV) … More

    A Sneak Attack on NYC’s Electric Bill

    The New York Department of Environmental Conservation is guaranteeing that New Yorkers will soon have to pay even more for electricity — when they can get it. The department just rejected Indian Point’s request for a water-quality certificate, which the plant needs to keep operating one reactor running after 2013, … More

    Declaring Independence from the Energy Independence Mindset

    The Washington Post asks: “What does it mean for a nation to be energy independent? Is it realistic and if so how should that be achieved?” Energy Independence is a mixed bag — both good and bad energy policy ideas are promoted under its banner. The bad outweighs the good, … More

    Morning Bell: Don’t Fall For Obama’s Energy Shell Game

    Can the Obama administration’s desperate attempts to cover their true far left nature with centrist rhetoric and promises become any more transparent? Yesterday, the President announced “an expansion of offshore oil and gas exploration” in selected areas off the coasts of the United States. The President claims this announcement was … More

    Economy over Environment? Why Not Have Both?

    It’s a common misconception that a tradeoff exists between economic growth and environmental cleanliness. For decades Gallup has been conducting a poll asking about this very tradeoff. According to its latest one, “53 percent said economic growth should be the nation’s top priority, even if the environment has to suffer. … More

    Nothing Jolly About California’s Giant Green Economy

    The state of California likes to sell itself as a leader in the transition to a green economy. The only problem is, their policies are making that transition harder—and they’re not producing the job boom that politicians have been promising. The California Legislative Analyst’s Office (LAO) recently reviewed the impact … More

    Cap and Trade Will Kill the Travel Industry

    Proponents of climate change legislation argue that a cap and trade will stop the polar ice caps from melting. This is critical to island nations relying on tourism as the primary source of economic activity. After all, who’s going to visit an island if it’s completely submerged by water? According … More

    Heritage Foundation Releases Economic Study of Waxman-Markey Cap and Trade Bill

    The idea behind cap and trade is to reduce carbon dioxide emissions by putting a price on the right to emit carbon and other greenhouse gases on businesses. Since 85 percent of America’s energy needs are met through carbon-emitting fossil fuels, cap and trade would be a massive tax on … More

    Cap and Trade: What’s the Point?

    There’s a point at which you’ve got to ask yourself, what are we doing here? What’s the point?” That’s Elaine Kamarck, a former Clinton administration official and advisor to at that time Vice President Gore, and she’s talking about the Waxman-Markey cap and trade bill. In order to garner enough … More

    CBO Grossly Underestimates Costs of Cap and Trade

    Last week, the Congressional Budget Office released their analysis of the Waxman-Markey climate change bill that had proponents of the bill claiming we could save the planet for just $175 per household. That was the figure CBO estimated cap and trade would cost households in 2020, which “includes the cost … More