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  • Waxman-Markey

    The $4300 Energy Tax

    There have been a lot of numbers floating around measuring the costs of cap and trade. For instance, a study by MIT professor John Reilly shows a carbon cap and trade would cost the average American household $3,900 a year. $800 of that figure comes from, according to Reilly, “the … More

    Global Warming Regs Will Hand Our Children a Lower Standard of Living

    We’re mortgaging our children’s future. We’ve heard that phrase time and time again. President Obama used it just yesterday acknowledging that the U.S. debt load is “unsustainable”, saying, “We can’t keep on just borrowing from China. We have to pay interest on that debt, and that means we are mortgaging … More

    Waxman’s Lower Standards Do Not Reduce Costs to Consumers

    In an attempt to win over the public, manufacturers and garner more Congressional support, House Energy and Commerce Committee chairman Henry Waxman reduced the short-term stringency of greenhouse gas emission cuts as well as reduced the impossible goals for a renewable portfolio standard. The concessions, as reported by CQPolitics and … More

    House Global Warming Plan Doesn’t Address Senate Concerns

    Last year, the US Senate tried to advance a national energy tax, which masquerades as a cap-and-trade program, sponsored by Senators Joseph Lieberman (I-CT) and John Warner (R-VA). After the policy was defeated, ten Democrats sent a letter to Senate Majority Leader Harry Reid (D-NV) and Senator Barbara Boxer (D-CA), … More

    The Benefits of Waxman-Markey

    Nothing. Zip. Zero. Zilch. There are no benefits for the American people in the Waxman-Markey energy tax bill. Whenever defenders of the free market point out how much an energy tax will cost the economy, the enviro-left always tries to change the subject to “the cost of inaction.” But here … More

    The Costs of Waxman-Markey

    According to the latest reports from Capitol Hill, House Democrats are busy gutting the Waxman-Markey energy tax bill in an effort to keep its economic costs low. They have a lot of work to do. The Heritage Foundation’s Center for Data Analysis has just completed their study of the March … More

    Waxman-Markey: Trillions in Economic Pain for No Environmental Gain

    Summer is coming and homeowners know that it costs a few dollars more to crank up the air-conditioning by setting the thermostat a degree or two cooler. Well, Washington is about to try a similar thing, only it wants to spend trillions of dollars of our money to reduce the … More