Last month, the Heritage Foundation’s Center for Data Analysis released a study of the Waxman-Markey energy tax bill showing that by 2035 it would raise electricity rates 90 percent, reduce aggregate gross domestic product (GDP) by $7.4 trillion, and destroy over 1,900,000 jobs. The Natural Resources Defense Council recently responded …
Economists at The Heritage Foundation’s Center for Data Analysis are digging deeper into the effects of the Waxman-Markey climate change legislation that includes a cap and trade plan to reduce carbon dioxide by 17 percent below 2005 levels in 2020 and by 83 percent below 2005 levels in 2050. Today’s …
The Brookings Institution released their own analysis of analysis on the costs of cap and trade yesterday. Unlike Heritage’s recent Center for Data Analysis study, the Brookings effort does not analyze any particular bill, but does look at the economic costs of four policy scenarios. Their conclusions: Welfare effects Loss …
As liberal environmentalists and tax-happy politicians scheme over strategies to hike international flight rates to raise funds to address alleged global warming, North Dakotans are celebrating snowfalls in June. Anomalies like snow in June certainly don’t refute that the planet is warming, but there does exist a widening of disconnect …
Senate Floor · FDA Tobacco Regulation – S982 · Supplemental Appropriations for Iraq and Afghanistan – HR2346 · Creation of a non-profit to increase tourism in the United States – S1023 Major Senate Committee Action · Foreign Relations Committee – Arms Control Nomination hearing · Energy and Natural Resources Committee …
U.S. Senator James Inhofe (R-OK) has been among the most effective opposition voices against cap-and-trade global warming legislation in recent years, and his rebuttal to Al Gore’s global warming assertions are spot on. Yet, the Senator from Oklahoma is an advocate for a clean environment. It just so happens that …
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 …
In the spring of 1989, millions of Chinese peacefully seized control of their own capital and demanded democracy. After then-Premier Li Peng declared martial law on May 19th, the people of Beijing, not just students, responded by setting up bus and truck barricades to protect the demonstrators’ command post in …
