The Foundry

Posts Tagged ‘Waxman-Markey’

• Senator Lieberman’s Honest Quote on Cap and Trade

  Posted December 11th, 2009 at 10:35am in Energy and Environment with 2 comments

  Senators Lieberman, Graham, and Kerry have come forward with a bold, new proposal on global warming… or not. Here is Senator Lieberman’s description of the “new” proposal: “You remember the artist formerly known as Prince?” Lieberman said. “This is the market-based system for punishing polluters previously known as ‘cap and trade.’ “ Who will be punished under this [...] More

• EPA Lawyers Speak Out Against Cap and Trade

  Posted November 4th, 2009 at 5:27pm in Energy and Environment with 3 comments

  Laurie Williams and Allan Zabel, two lawyers currently working at the Environmental Protection Agency (EPA), spoke out against cap and trade in their Washington Post column. Zabel has first hand experience with cap and trade, overseeing California’s cap and trade and offsets programs. The article is full of good reasons why a cap and trade [...] More

• The Cap and Trade Boycott Continues

  Posted November 4th, 2009 at 2:42pm in Energy and Environment with 3 comments

  For the second day, Republican Senators boycotted the scheduled markup of the Kerry-Boxer (S.1733) cap-and-trade bill. Senator Inhofe (R-OK) appeared briefly to emphasize that the minority is holding firm to their demands that the Environmental Protection Agency complete a comprehensive economic analysis. Rather than use a procedural gambit to trounce the rights of the minority, Senator [...] More

• The Verdict’s In: Cap and Trade Will Not Work

  Posted October 30th, 2009 at 3:59pm in Energy and Environment with 5 comments

  Over the summer The Washington Post called Europe’s experience with cap and trade as “Exhibit A” of what not to do on climate. Yesterday, the Competitive Enterprise Institute’s Iain Murray brought evidence to the jury – that jury being Senate Environment & Public Works Committee. Murray detailed the failures of the EU cap and trade [...] More

• Today’s Calamity: Senate Concerns on Cap and Trade Cannot Be Fixed

  Posted October 29th, 2009 at 1:08pm in Energy and Environment with 3 comments

  Senate Finance Chairman Max Baucus made headlines this week for something other than healthcare. On October 27 Senator Baucus said he has “serious reservations” about the cap and trade bill, especially the increased near-term target of 20 percent carbon dioxide reduction below 2005 levels by 2020 – up from 17 percent in the passed House [...] More

• EPA’s Economic Analysis of the Boxer-Kerry Cap and Trade Bill

  Posted October 27th, 2009 at 10:35am in Energy and Environment with 4 comments

  “Second verse same as the first, a little bit louder and a little bit worse.” This is the basic theme of the EPA’s analysis of the shrouded Boxer-Kerry Bill (S. 1733). Given just 12 days to analyze the Boxer-Kerry climate bill (that others were not allowed to review), the EPA relied on previous analysis and the [...] More

• Global Warming Roulette

  Posted October 26th, 2009 at 6:31pm in Energy and Environment with 12 comments

  Spin the wheel and whatever number the ball lands on will be the new tipping point we must get below; if not, catastrophic global warming to cause 2012-style disasters on our planet. A few years ago the upper limit on carbon dioxide was 450 parts per million (ppm), which meant an 80 percent cut in [...] More

• Morning Bell: The Transparent Costs of Cap and Trade

  Posted October 26th, 2009 at 9:30am in Energy and Environment with 27 comments

  On June 26th of this year, the House of Representatives narrowly passed H.R. 2454, the American Clean Energy and Security Act. More commonly known as the Waxman-Markey bill (named after bill sponsors Reps. Henry Waxman (D-CA) and Ed Markey (D-MA), the 1,427-page bill tries to control global temperatures by creating a “cap” on greenhouse gas [...] More

• Good and Bad in President Obama’s Global Warming Speech at MIT

  Posted October 23rd, 2009 at 4:55pm in Energy and Environment with 8 comments

  President Obama traveled to the Massachusetts Institute of Technology today to deliver a speech on climate change. Part of the speech focused on innovation and the benefits of entrepreneurial risk taking while the other focused on government investments for renewable energy and the importance of climate change legislation. There was both good and bad parts [...] More

• Today’s Calamity: A Second Call for Transparency

  Posted October 22nd, 2009 at 2:41pm in Energy and Environment with 1 comments

  Our Tuesday rendition of Cap and Trade Calamities discussed how only the EPA was given the semi-draft form of the Boxer-Kerry cap and trade bill to model the economic effects. The Heritage Foundation’s Center for Data Analysis, along with several other organizations (including other government organizations) that modeled the Waxman-Markey cap and trade bill, do [...] More