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    Morning Bell: Avoiding Our Own Cap-and-Trade Calamity

    Possibly the scariest outcome from Super Tuesday is that the top three candidates to become president all support a cap-and-trade approach to global warming. Sens. John McCain (R-Ariz.), Hillary Clinton (D-N.Y.) and Barack Obama (D-Ill.) are all smart and capable leaders, but they also have been completely engrossed in White … More

    Why Is Congress So Eager to Copy Failure?

    The Los Angeles Times reports today that “the climate may be right for a global warming bill” due to “big chunk of industry” just wanting to get something done. Unfortunately much of the legislation on Capitol Hill is modeled after the European Union’s Emissions Trading Scheme, and that effort has … More