On April 17, a West Texas fertilizer plant exploded, leaving 14 dead and approximately 200 injured. Investigators continue to look into exactly what caused the explosion that left an estimated $100 million in damages in its wake. Yet, while investigators are still looking to determine if the blast was due …
Once the electorate was made to realize that cap-and-trade bills (Lieberman-Warner, Waxman-Markey, etc.) were actually taxes on fossil energy, cap and trade became political poison. So it is surprising that an explicit tax on fossil energy is now being pushed in Washington. The hope among carbon-tax proponents is that they …
California’s nation-high gas prices are receiving national attention. The price of $4.67 per gallon, an increase of about 50 cents in the past week, is 86 cents higher than the national average. Representative Henry Waxman (D–CA) and Senator Barbara Boxer (D–CA) are quick to speculate about market manipulation and are …
Just days before Congress recesses for the upcoming elections, House Commerce Committee chair Henry Waxman stepped into the debate over Internet regulation yesterday, releasing draft legislation to impose certain “neutrality” rules to providers of broadband Internet service. Hammered out in negotiations over the past few weeks with the active participation …
Toyota’s Chief Executive Officer Akio Toyoda testified yesterday about safety and quality control after his company recalled 8.5 million cars and trucks worldwide – 6 million in the United States. A deeply remorseful Toyoda feared the company may have been growing too quickly and outlined how the company would move …
Yesterday, Senators John Kerry (D-MA), Joseph Lieberman (I-CT) and Lindsey Graham (R-SC) unveiled an outline of their cap-and-trade proposal. Interestingly, their version of a national tax on American energy is hard to distinguish from earlier proposals such as the House-passed Waxman-Markey or the Senate committee-passed Boxer-Kerry. All of these proposals …
The Waxman-Markey Global Warming Tax would have a devastating effect on our economy. But don’t just take our word for it. This week we’ll be sharing the opinions of other organizations who agree that Waxman-Markey will cause massive unemployment and drive energy prices up for all Americans. Today: Washington Post …
When it comes global warming, two debates are currently taking place. At the forefront is the political debate. Current legislation introduced by House Democrats Ed Markey and Henry Waxman includes a cap-and-trade plan to attempt to reduce carbon dioxide and other greenhouse gases. But the debate unfortunately (and like most …
If you cannot agree on something, go forward with it anyway. Is that how our founding fathers intended the political process to work? From Politico: “Energy and Commerce Chairman Henry Waxman plans to fast-track his controversial climate change bill, bypassing the political hurdles of the subcommittee. ‘I’m still holding firm …
