In 2007, during his presidential campaign, President Obama told Grist: I believe that, depending on how it is designed, a carbon tax accomplishes much of the same thing that a cap-and-trade program accomplishes. The danger in a cap-and-trade system is that the permits to emit greenhouse gases are given away …
Ten Senate Democrats recently expressed their concern over cap and trade legislation that would dramatically increase energy prices and particularly hurt the country’s manufacturing base. In a letter sent to the White House, Senators from Ohio, Indiana, Michigan, Pennsylvania, Wisconsin, Minnesota and West Virginia wrote: As Congress considers energy and …
A look at the states hit hardest by the Waxman-Markey cap-and-trade policies immediately reveals a serious regional divide. The regions worst affected? About half the country. Testifying before a hearing of the Congressional Western Caucus, The Heritage Foundation’s Senior Policy Analyst Ben Lieberman elaborated: The disproportionate burden affects the West. …
The keys to stimulating our economy are private capital, small business innovation, reducing the burden big government imposes on the economy, and job creation. Several months ago, before the Democrats’ cap and trade bill was railroaded though Congress and before we faced their newly announced health care bill, we, along …
The Senate Environment and Public Works Committee began their hearings on the 1,500 page Waxman-Markey cap-and-trade legislation Tuesday, and ranking member Senator James Inhofe (R-OK) won a startling admission from Environmental Protection Agency administrator Lisa Jackson. Inhofe produced an EPA chart generated last year during the Senate’s debate of the Lieberman-Warner …
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 …
