The President just gave a brief speech here in Copenhagen to the assembled parties, laying out what he believes are the crucial elements to a successful climate change accord. Specifically, there are three elements—greenhouse gas (GHG) mitigation commitments, transparency, and financing (but more on those in a moment). Consistent with …
When Kevin Garnett led the Boston Celtics to the 2008 NBA Championship, his memorable post game interview included him screaming, “Anything is possible!” – A slight rendition of his shoe sponsor Adidas’ motto, “Impossible is nothing.” At Copenhagen where world leaders are gathering to discuss policies to ratchet down the …
The Obama Administration is visibly perplexed by the failure of the U.S. economy to be duly stimulated. It shouldn’t be. After frittering away political capital and taxpayer dollars on an ineffectual fiscal stimulus, Obama’s policies share the singular characteristic of draining the economy of the most important ingredient needed for …
Step aside, elected Members of Congress. If you can’t pass cap and trade legislation, The Environmental Protection Agency will move in with massively complex and costly regulations that would micromanage just about every aspect of the economy. They announced today that carbon dioxide and five other greenhouse gases (GHGs) threaten …
Dog and Pony Show: An elaborate presentation orchestrated to gain approval, as for a policy or product. See also: China’s carbon dioxide emission cuts. One day after President Obama announced he’d make a trip to the Copenhagen Climate Change Conference in December with a pledge to cut our nation’s greenhouse …
On November 23, 2009 the Congressional Budget Office issued “Economic and Budget Issue Brief: The Costs of Reducing Greenhouse-Gas Emissions.” This brief echoed many of the points The Heritage Foundation has made in its reports, WebMemos, blogs and our responses to a request from Henry Waxman (D-CA), chairman of the …
All the talk in Washington is surrounding a government health insurance plan, but there’s a little discussed insurance plan in the Boxer-Kerry cap and trade bill that’s worth some attention. The Senate version of the cap and trade bill includes a section that grants the President the authority to “direct …
The road to Hell was paved with good intentions and so too are California’s green energy initiatives. Environmental activists point to California as the petri dish for the burgeoning of a green economy. Last week, Environmental Protection Agency Administrator, Lisa Jackson, gave a speech at the Governor’s Global Climate Summit …
As Congress tries to knock out the economy in one fell swoop with its economically dangerous cap and trade proposal, the Environmental Protection Agency (EPA) is taking a different approach: proposing smaller, regulatory jabs at the economy with the intent to reduce carbon dioxide and other greenhouse gas emissions. First, …
