Smaller states like Montana are often the hardest ones hit by the Lieberman-Warner global warming legislation. With a population under 1 million, and a work force hovering around 500,000, Montana is expected to lose almost 2,000 jobs in 2025 if Lieberman-Warner becomes law.
The typical hurricane does $5.13 billion worth of damage in America and strikes less than twice a year. But Hurricane J.J. is no ordinary hurricane. If passed, the climate change bill proposed by Sens. Joe Lieberman (I-Conn.) and John Warner (R-Va.) would rip through the U.S. economy, leaving higher energy …
This week the United Mine Workers of America wrote a letter to the Senate Environment and Public Works Committee detailing why they opposed the Lieberman-Warner cap and trade bill. From their letter: We met with Committee staff during the development of S. 2191, expressing our deep concerns about the Bill’s …
Last week the Natural Resources Defense Council put out a report claiming “Doing Nothing on Global Warming Comes With Huge Price Tag.” Covering the report’s release, the Austin American-Statesman wrote: “If the United States doesn’t do something soon to dramatically reduce greenhouse gas emissions, it could cost the country $3.8 …
Continuing our blanket coverage of the Lieberman-Warner cap and trade debate set for the Senate next week, we will be posting some of the state-by-state results from Heritage’s Center for Data Analysis forecast on the economic impacts. First up: Pennsylvania, which is set to lose 22,021 jobs in 2025 even …
Editorializing in favor of the Lieberman-Warner cap-and-trade bill set to be debated in the Senate next week, the New York Times urges liberals to “make sure that the economics of this debate are framed in a positive way.” The newspaper need not worry: liberal activist groups and politicians have been …
The U.S. Chamber of Commerce put together a great chart on the regulatory apparatus that would be needed to implement the economy-killing Lieberman-Warner global warming legislation. Not only would this be a massive expansion of government, but it would also have a devastating impact on states.
Yesterday, The Guardian’s environment editor John Vidal reported on two new studies that show the UN’s clean development mechanism (CDM – an international system established by the Kyoto process that allows rich countries to meet emissions targets by funding clean energy projects in developing nations) is “being routinely abused by …
As we outlined earlier today, a cap-and-trade policy would pose a grave threat to the U.S. economy. Yet that won’t stop Congress from charging ahead during the first week of June on the Lieberman-Warner Climate Security Act of 2008. The Heritage Foundation has secured a copy of a complete substitute …
When the Senate returns from its Memorial Day recess on June 2, lawmakers will begin debating the Lieberman-Warner cap-and-trade global warming bill. Many environmental activists are worried the bill will not pass this time, and they are counting on a future legislative victory since all three remaining presidential candidates support …
