Cap and Trade Top Ten List 1. Cap and Trade Is a Massive Energy Tax 2. It Will Not Make A Substantive Impact on the Environment 3. It Will Kill Jobs 4. It Will Cause Electricity Bills and Gas Prices to Sharply Increase 5. It Will Outsource Manufacturing Jobs and Hurt Free Trade 6. It Will Make You Choose Between Energy, Groceries, Clothing or Haircuts. 7. It Will Be Highly Susceptible to Fraud and Corruption 8. It Will Hurt Senior Citizens, the Poor, and the Unemployed the Worst 9. It Will …
Senate Rejected an Economic Disaster Bleak Cap and Trade Future: EPA Administrator Lisa Jackson said she planned to move the country toward a “carbon constrained future.” Any scheme, whether cap-and-trade or a carbon tax, that raises the price on carbon dioxide will raise energy costs while generating enormous sums of tax revenue for the government that American families and workers will ultimately pay for. They will be left with high energy costs, high prices, and low incomes. Lieberman-Warner: Last year, the Senate rejected cap-and-tax legislation that would have capped CO2 emissions …
President-elect Barack Obama has a number of challenges to tackle when he takes office in January. One of his promises is to change the weather — by addressing global climate change. While only Congress (or the EPA) can implement an economy-wide cap-and-trade policy, Obama would surely sign the bill. In fact, in his New Energy for America plan, he called for a cap-and-trade plan to reduce greenhouse gas emissions 80% below 1990 levels by 2050. To put this in perspective, the Lieberman-Warner cap-and-trade legislation that quickly died on the Senate …
Barack Obama released his “New Energy for America” plan today during his speech at Michigan State University. His entire energy plan is laid out here. Relieving America from its foreign oil addiction was the gist of his speech: Without a doubt, this addiction is one of the most dangerous and urgent threats this nation has ever faced – from the gas prices that are wiping out your paychecks and straining businesses to the jobs that are disappearing from this state; from the instability and terror bred in the Middle East …
The most important thing to remember as the debate over energy prices becomes a major issue in 2008 is that liberals want Americans to pay higher energy prices. That is why they sue to stop natural gas drilling in Wyoming, new refineries in South Dakota and coal power plants nationwide. The whole purpose of the Lieberman-Warner carbon capping bill was to increase the cost of energy to force Americans to use less of it. But now Americans are beginning to catch on to the left’s game, and they are not …
On the surface it may seem as though the Senate moved closer to “doing something” about global warming since 54 Senators said they would have voted for cloture on Lieberman-Warner last week compared to only 43 votes in favor in 2003. But as the New York Times points out, 10 senators (including liberal Senators from rust-belt states) said they would not have actually voted for final passage of the bill unless it was amended to help industries sensitive to high energy prices. So in the span of five years, the …
The left is in full retreat on global warming legislation in Congress. The American people have spoken, and they do not want to raise energy prices even further while the cost of gasoline is so high. But this is no time to let up. Sens. Barack Obama (D-Ill.) and John McCain (R-Ariz.) both support similar carbon-capping legislation. Here is how many jobs Lieberman-Warner would kill in Indiana, according to Heritage’s Center for Data Analysis:
The U.S. Department of Energy officially submitted the license application to build a nuclear waste facility at Yucca Mountain in Nevada earlier this week. A strong supporter of the Lieberman-Warner carbon-capping bill, Majority Leader Harry Reid (D-Nev.) was incredulous, telling reporters: “Yucca Mountain is as close to being dead as any piece of legislation could be.” However, Sens. Joe Lieberman (I-Conn.) and John Warner (R-Va.) both recognize that their bill will not pass without more nuclear power. Far to Warner and Lieberman’s left though, Sen. Barbara Boxer (D-Calif.) thinks their …
Those urging Congress to pass the Lieberman-Warner bill say it would slow global warming by capping carbon dioxide emissions. However, more and more studies — from Massachusetts Institute of Technology, Charles River Associates, The Heritage Foundation, even the Environmental Protection Agency — predict severe consequences in higher energy costs for the U.S. economy and consumers. In 2025 alone, Heritage’s study concluded, Lieberman-Warner would cost the nation at least 500,000 jobs and cut economic output by at least $125 billion — for little to no environmental benefit. Here’s a map of …
If passed, the Lieberman-Warner carbon-cap bill being debated in the Senate would raise energy costs, kill jobs and lower family incomes. Add up all the economic pain, and passing Lieberman-Warner would be the same as inflicting a hurricane’s worth of damage on the U.S. economy every week till 2030. Here is how much of its economic output, or Gross State Product, Louisiana would lose in 2025 alone:
