• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate
  • energy prices

    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

    Breaking Down the Costs of Waxman-Markey Global Warming Legislation

    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. Because fossil fuels emit carbon dioxide, cap and trade becomes a costly tax on fossil fuels and the energy they generate. Since … More

    “The Domestic Energy Prevention Act” Introduced In the House

    The last few years have been bumpy ones for energy supplies and prices, but one piece of good news has been the upturn in domestic natural gas production. The reason is a technology called hydraulic fracturing that makes it possible to produce gas in areas where it had previously been … More

    Who Needs a Ways and Means Committee?

    The House Ways and Means Committee, the chief tax committee that has jurisdiction over all taxes and revenue-generating programs (social security, medicare, unemployment) is saying “no thanks” to dealing with potentially one of the largest taxes in history, the cap and trade energy tax. From CongressDailyAM: “House Ways and Means … More

    Video: Does Cap and Trade Mean the End of Parking Tickets?

    America is going on a big energy diet. Cap and Trade is the policy that our government is pursuing to force Americans to limit the amount of carbon dioxide that we produce. The problem is that America relies on CO2 emitting fuel sources for 85 percent of its energy. So … More

    Cap and Trade Bill Moves Forward on Waxman’s Artificial Timeline: High Costs Remain (Part 10 in a 10-Part Series)

    Rep. Henry Waxman (D-CA) is a man of his words, sort of. He told people he wanted to get a global warming bill that capped carbon dioxide out by Memorial Day and he did: Legislation imposing the first nationwide limits on the pollution blamed for global warming advanced in the … More