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    Time to Rein in the EPA’s Authority

    The American people didn’t want it and Congress couldn’t do it, but don’t let that stop the Environmental Protection Agency (EPA). Despite Congress’s inability to pass cap-and-trade legislation that would have increased energy prices dramatically, the EPA is moving forward with its own regulations on greenhouse gas emissions, most notably … More

    Global Warming Policies and the Perverse Incentives They Create

    Money is a powerful incentive. When it comes to global warming, governments all over the world have created policies that intend to reduce greenhouse gas emissions but have led to fraud, scams, black markets, and increased emissions. Mark Schapiro of Reuters reports on the unintended consequences of European companies offsetting … More

    California Climate Vote More about Protecting Investments

    California voters overwhelmingly rejected Proposition 23, the ballot initiative that would have suspended the 2006 Global Warming Solutions Act (AB 32) until the state’s unemployment level dropped below 5.5 percent for four consecutive quarters. AB 32 aims to return greenhouse gas emissions in California to 1990 levels by 2020. Many … More

    Guardian Reveals Failure of Kyoto Protocol

    Maybe international treaties do send perfectly good jobs overseas after all; it’s just that these treaties do so by regulating commerce at home rather than facilitating it abroad. The Kyoto Protocol is evidence of this fact. Less than a week ago, as the European Environment Agency was celebrating reducing carbon … More

    UN Reaching for Any Excuse to Tackle Climate Change

    United Nations Secretary-General Ban Ki-moon is never afraid to make headlines when it comes to his stance on climate change. In 2007 he likened the war on climate change to actual war saying, “”The majority of the United Nations work still focuses on preventing and ending conflict. But the danger … More

    Prepare for the Next Bubble…For a Made Up Commodity

    At least when there was a housing bubble, there were actual houses involved. The next bubble could ostensibly be a carbon dioxide bubble; the newly-created, artificial market for a clear, odorless gas is growing at rapid rates. According to a new article from Mark Shapiro in Harper’s: Carbon trading is … More