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    What Cap and Trade Energy Tax Would Cost American Households

    Any honest economist will tell you that a carbon cap and trade scheme, if it works perfectly, functions the same as an energy tax. The Waxman-Markey cap and trade bill currently under consideration in Congress is no different. In 2007, MIT did a study on the costs of cap and … More

    Waxman-Markey: Trillions in Economic Pain for No Environmental Gain

    Summer is coming and homeowners know that it costs a few dollars more to crank up the air-conditioning by setting the thermostat a degree or two cooler. Well, Washington is about to try a similar thing, only it wants to spend trillions of dollars of our money to reduce the … More

    The Energy Tax Threat to Our Natural Gas Future

    The Wall Street Journal reports: A massive natural-gas discovery here in northern Louisiana heralds a big shift in the nation’s energy landscape. After an era of declining production, the U.S. is now swimming in natural gas. Even conservative estimates suggest the Louisiana discovery — known as the Haynesville Shale, for … More

    Now Paul Krugman is Stealing $11,000 from Every American Household

    In his New York Times column today, Paul Krugman writes: “I cringe when “green economy” enthusiasts insist that protecting the environment would be all gain, no pain.” We feel his pain. But then Krugman goes on to write: Consumers would end up poorer than they would have been without a … More

    Morning Bell: The End of Cap and Trade is Near

    In just over a dozen months, the global economic recession has succeeded where decades of carbon cap and trade policies have failed: reducing global carbon emissions. The USA Today reports: From the United States to Europe to China, the global economic crisis has forced offices to close and factories to … More

    The Budget’s Energy Provisions - Tax Baby Tax

    The Obama administration’s Secretary of the Interior Ken Salazar has had a very busy first six weeks. His agency, which handles most domestic energy leasing, has already canceled many onshore oil and natural gas leases. Interior has also slowed to a crawl any progress on new offshore oil leases, and … More

    Finally, Some Honesty on Energy from the Left

    Michael Schellenberger and Michael Nordhaus already have taken plenty of heat from the enviro/left for their book Break Through: From the Death of Environmentalism to the Politics of Possibility. Their latest article in the American Prospect is not going to mend any fences. Schellenberger and Nordhaus write: Like conservatives who … More

    Let's Keep This Debate Going!

    The left is getting absolutely destroyed in the debate on the Senate floor over global warming. Roll Call reports that Democratic staffers are complaining that leadership “is walking us off a cliff” on the issue. Far left activists report they are hearing similar things from their allies in Congress. The … More