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    New Heritage Video: Cap & Tax Won't Save the Earth

    [youtube]http://www.youtube.com/watch?v=LPPVDOpFCIA&fmt=18[/youtube] For all the latest research and commentary from Heritage visit the Cap and Trade Rapid Response page

    Last Day to Help Stop the EPA From Hijacking the Economy

    Sign your name at stopepa.com and join the 20,000 other people who have voiced their opposition to the EPA’s April 17th endangerment finding, which grants them regulatory powers to one day regulate anything that emits carbon dioxide. Hurry. The petition ends midnight on Tuesday, June 23rd.

    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

    Can Farmers Rely on Efficiency Gains to Meet Cap and Trade Demands?

    The House Energy and Commerce Committee’s Select Committee on Global Warming met last week to discuss the impacts of global warming on agriculture and forestry bill. Some of the more interesting testimony came from Ford B. West, President of The Fertilizer Institute, who elaborated on the challenges cap-and-trade legislation presents … More

    Carbon Offset Program Won’t Offset Farmers’ Lost Income from Cap and Trade

    I will go along with this, even though I am somewhat skeptical, if I can be convinced that this is going to work, that it’s practical, that it makes sense. That’s where I am coming from. I am not carrying water for anybody, I’m just trying to make sense out … More

    For Those Unemployed from Cap and Trade, Help is on the Way…For 1.5 % of You

    It’s no secret the Waxman-Markey cap and trade legislation to reduce carbon dioxide emissions is a jobs killer. Heritage Foundation economists found that over a 2012-2030 timeline, job losses average over 1.1 million. By 2035, a projected 2.5 million jobs are lost below the baseline (without a cap and trade … 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

    Buying Off the Farmers or Causing Farmers to “Buy the Farm”?

    Farming is very energy-intensive. Farmers use a lot of electricity, a lot of diesel fuel, and a lot of natural gas-derived chemicals and fertilizers to grow crops and maintain their farm. So it shouldn’t be surprising a cap and trade program that artificially drives up the cost of energy will … More

    The Futility of Greenhouse Gas Abatement Continues

    If the Obama administration succeeds in passing the Waxman-Markey energy tax, and it works perfectly, it will only reduce global temperatures by nine hundredths of one degree Fahrenheit. In other words: it will do nothing. The only possible benefits from Waxman-Markey occur if the rest of the world, including the … More

    Morning Bell: A Pro-Growth, Pro-Nuclear, Energy Alternative

    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 … More