Policymakers in Washington want to dramatically change America’s energy policy by regulating carbon dioxide emissions. Their most popular idea, included in the Waxman-Markey 2009 energy bill, is a cap and trade proposal. Many Americans find the debate in Washington over adopting a cap-and-trade program to reduce carbon dioxide a bit …
This week, beginning today, Waxman and Markey are holding Congressional hearings to discuss the draft of a massive energy bill that includes clean energy investment, energy efficiency mandates, a cap-and-trade program, and protectionist policies that will supposedly help the consumer cope with higher energy prices. The logic behind the hearing …
Former Vice President and Nobel Laureate Al Gore heard much criticism from skeptics of his apocalyptic global warming predictions when he purchased a multi-million condo in San Francisco. After all, if one believes sea-level rises will swallow the coast, the last place to purchase a home would be a few …
The National Basketball Association’s San Antonio Spurs are known for winning NBA championships in odd years, winning in 1999, 2005, 2005 and 2007. Bad energy bills are beginning to follow the same trend as Congress passed energy bills in 2005 and 2007 that focused on subsidies and mandates as opposed …
At the height of the campaign season, House Oversight Committee chair Henry Waxman (D-CA) held a number of hearings on the burgeoning financial meltdown including investigations into the bankruptcy of Lehman Brothers, the bailout of AIG, The Breakdown of Credit Rating Agencies, and The Role of Federal Regulators. The purpose …
This Wednesday, government-sponsored entity Freddie Mac announced that it lost $2.8 billion in just the last quarter alone from foreclosures and other related expenses. Both Freddie, and its sister Fannie Mae, are at the core of the recent housing finance crisis. Freddie and Fannie help finance 40% of all U.S. …
