The taxpayer-funded auto bailout was largely the result of a number of poor decisions made by General Motors and Chrysler. Along with the excessively high labor and legacy costs, Detroit’s dependence on big, non-fuel-efficient vehicles was its own doing and at one time, was a very profitable strategy. Detroit struggled …
While the Environmental Protection Agency grinds ahead with its Clean Air Act regulations to force reductions of carbon dioxide emissions from energy consumption, the Government Accountability Office (GAO) released a report on a different energy conservation program introduced by EPA the under the same law. Whether you are conscious of …
Yesterday, Senator John Rockefeller (D-WV) introduced legislation that he said would “safeguard jobs, the coal industry, and the entire economy.” Sounds like a pretty solid policy prescription for an ailing economy. What would his legislation do? …suspend, during the 2-year period beginning on the date of enactment of this Act, …
Let’s wait until the economy recovers a little before we step on it with costly environmental regulations. That was the message from Environmental Protection Agency’s (EPA) Administrator Lisa Jackson in a response to eight Democratic senators from industrial coal states the authority of the EPA to regulate greenhouse gases. Administrator …
The American Founders recognized that federalism is essential to maintaining individual liberty in the United States. The Constitution therefore grants the federal government only certain limited powers which were specifically enumerated in the document, and thus requires the different sovereigns (state and federal) to compete for the affection of the …
President Obama released his fiscal year 2011 budget this morning; his budget provides $28.4 billion for the Department of Energy (DOE) and $10 billion for Environmental Protection Agency (EPA). Both sections in the budget reflect the president’s message in the State of the Union address delivered last week: a government …
Yesterday, as if he knew the results of the Massachusetts Senate race, retiring Senator Byron Dorgan (D-ND) ruled out the possibility of the Senate considering a cap-and-trade bill. The reluctance of the Senate to take up a comprehensive global warming bill coincides with increasing public skepticism. Despite these obvious warning …
Senate Cloakroom: Analysis: The Senate returns this week after a three-week absence. In the wake of passing an unpopular health care bill, the Senators must now contend with another unpopular issue – increasing the nation’s debt limit by nearly $1 trillion. The debate, which is expected to last into next …
The Environmental Protection Agency’s endangerment finding states that greenhouse gases, most significantly carbon dioxide, are a dangerous pollutant and need to be regulated under the Clean Air Act. While the finding itself does not regulate carbon dioxide, it commences a long process to curb greenhouse gas emissions, beginning with tailpipe …
