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  • Waxman-Markey

    Cap and Trade is About Status – Not the Environment

    In economics, signaling to convey information about can come in a variety of forms. You can signal in job interviews by what you reveal on your resume; you can signal to people just by the type of car you drive. In New Zealand, the parliamentary committee is suggesting the country … More

    With Cap and Trade, It Will be Laborless Day

    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 … More

    Today’s Calamity: Energy Efficiency is Good - Except When It’s Not

    Just as renewable energy can be a good thing if the market can provide it at an affordable rate, products designed for greater energy efficiency is a good thing. But not when the government gets in the way. Federal laws dictating how much energy home appliances are allowed to use … More

    Jonah Goldberg on Global Warming

    I don’t know what it tells you, but it tells me that maybe we should study a bit more before we spend billions to “solve” a problem we don’t understand so well.” In case you missed it, that’s Jonah Goldberg’s concluding sentence of a thoughtful piece in the LA Times … More

    Cap and Trade Sentence of the Day

    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 … More

    Cap and Trade: The Permanent Recession

    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 … More

    Today’s Calamity: Cap and Trade is a Lobbyist’s Dream Come True

    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 … More

    Greenpeace Confesses to Ice Cap Melting Exaggeration

    On July 15th, Greenpeace said in a press release calling for urgent action: “As permanent ice decreases, we are looking at ice-free summers in the Arctic as early as 2030,” but in an interview with BBC, Greenpeace leader Gerd Leipold said that might not exactly be the case. See the … More

    Cap and Trade: “It’s Out of Control”

    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 … More

    Cap and Trade Will Kill the Travel Industry

    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 … More