With the Waxman-Markey cap-and-trade bill passing the House on June 26th, we turn our attention to the Senate side of the debate. And it’s already starting: Cabinet officials pressed President Barack Obama’s case for climate-change and clean-energy legislation at a Senate hearing on Tuesday as lawmakers clashed over whether a …
In the Foundry’s latest edition of ‘What’s Next?,’ we give you Obama Energy Secretary Steven Chu’s radical environmental proposal which the Telegraph describes as: “all the world’s roofs should be painted white as part of efforts to slow global warming.” Chu says he is in favor of “white roofs everywhere.” This is the …
The economic costs associated with a cap and trade policy are real. Republicans and Democrats alike realize this and have urged caution that a bill must protect American consumers and businesses. One idea floating around to protect American business and manufacturers is a protectionist carbon tariff. Secretary of Energy Steven …
Yesterday Energy Secretary Steven Chu testified before the House Committee on Energy Commerce. When pressed by Rep. Cliff Stearns (R-FL) on statements Chu made last year about the desirability of high gas prices, Chu admitted his ideas were “silly”. Watch: [youtube]http://www.youtube.com/watch?v=qZE50jeVC2w[/youtube]
Protectionism is always bad policy. But protectionism during an economic downturn, after taxes have already risen, and in addition to a massive $2 trillion tax on energy consumption is, well, not good. Yet that is exactly what Energy Secretary David Chu seems to be edging towards. In response to the …
It’s confirmation week and the hearing for nominee for Secretary of Energy, Stephen Chu, is tomorrow, January 13th. We’ve written about Chu before (here and here) and my colleagues Ben Lieberman and Jack Spencer have come up with 5 key questions he’ll inevitably have to answer as Energy Secretary. In …
