Traditionally, Labor Day symbolizes the end of summer but historically, Labor Day was a “creation of the labor movement and is dedicated to the social and economic achievements of American workers.” A day of rest. A paid holiday. Well, if Congress passes cap and trade legislation, many Americans will be …
In other words, the cost of a suitcase of Budweiser could make or break the country’s most ambitious environmental program.” That’s the Wall Street Journal’s Keith Johnson discussing numbers from the most recent Washington Post-ABC News poll. When asked about cap and trade, 52 percent of responders supported such a …
If you want to know what cap and trade will to do our economy, we’re living it. According to new data released from the Energy Information Administrations, United States carbon dioxide emissions are down 9% since 2007. The calculation compares the emissions of coal, petroleum and natural gas in the …
Under the Waxman-Markey cap and trade program, businesses that emit carbon dioxide and other greenhouse gases must obtain allowance permits from the federal government for every ton of carbon emissions they produce. The government issues fewer allowance permits in each subsequent year to decrease overall emissions, so the permit price …
I’m not critical of cap-and-trade. But it has to be used in a targeted and disciplined way, and what has happened is it’s gotten out of control.” Those are the words of former Democratic Senator and current president of the United Nations Foundation Timothy Wirth, who also mentioned, “The Republicans …
Proponents of climate change legislation argue that a cap and trade will stop the polar ice caps from melting. This is critical to island nations relying on tourism as the primary source of economic activity. After all, who’s going to visit an island if it’s completely submerged by water? According …
In response to Heritage analyst James Carafano’s paper, “National Security Not a Good Argument for Global Warming Legislation”, the American Security Project responded to four “myths” in Carafano’s piece. But their retaliatory facts ignore Carafano’s central premise that the Waxman-Markey cap and trade bill will do much more economic harm …
