CBO strikes again – Democrats’ cap-and-tax would hurt the economy

By: Dan Spencer (Diary)  |  October 15th at 08:57 AM  | 

The Director of the Congressional Budget Office, Douglas W. Elmendorf, told the Senate Energy and Natural Resources Committee that the House-passed Waxman-Markey cap-and-trade tax climate change legislation – would slow the economy and would cause “significant” job losses in fossil fuel industries: We want to leave no misunderstanding that aggregate performance — the fact that jobs turn up somewhere else for some people — does | Read More »

Senate Democrats: cap and trade should be delayed

By: Dan Spencer (Diary)  |  August 14th at 06:44 AM  | 

Democrat Senators Kent Conrad and Byron Dorgan of North Dakota, Senator Blanche Lincoln of Arkansas and Ben Nelson of Nebraska say the Senate should abandon efforts to pass cap-and-trade this year. Cap-and-trade legislation will require 60 votes to pass the Senate. According to Bloomberg, at least 15 of the Senate’s 60 Democrats have said the House-passed version — the Waxman-Markey cap-and-trade tax climate change legislation | Read More »

More Obama say one thing do another – science suppression edition

By: Dan Spencer (Diary)  |  July 1st at 06:12 AM  | 

In his December 20, 2008 weekly address, President-elect Obama set forth some soaring rhetoric regarding science: Because the truth is that promoting science isn’t just about providing resources – it’s about protecting free and open inquiry.  It’s about ensuring that facts and evidence are never twisted or obscured by politics or ideology.  It’s about listening to what our scientists have to say, even when it’s | Read More »

Only 15 more Senate votes needed for cap and trade

By: Dan Spencer (Diary)  |  June 29th at 07:25 PM  | 

Darren Samuelsohn reports cap and trade backers are 15 Senate votes short of the 60 needed for passage. According to Samuelsohn’s article, the Senate count stands at 45 yes or probably yes, 32 no, and 23 fence sitters: To start, there are 45 senators in the “yes” or “probably yes” camp, including Majority Leader Harry Reid (D-Nev.), Environment and Public Works Chairwoman Barbara Boxer (D-Calif.) | Read More »

Congratulations to today’s victors

By: Dan Spencer (Diary)  |  June 26th at 10:57 PM  | 

Congratulations to the House Democrats, and their eight Republican abettors, on the passage of the Waxman-Markey cap and trade tax climate change legislation. Today’s victors are to be congratulated for demonstrating that by using dilatory tactics, such as posting the “final” version of a 1,200 page bill the night before the vote, issuing a 300 page amendment to the 1,200 page bill after 3:00 a.m., | Read More »

Obama on cap and trade: ‘electricity rates would necessarily skyrocket’

By: Dan Spencer (Diary)  |  June 26th at 06:31 AM  | 

“Under my plan of a cap and trade system, electricity rates would necessarily skyrocket.” — Barack Obama, January 17, 2008, San Francisco Chronicle Watch Obama say that under his cap and trade plan electricity rates will skyrocket: During the same interview Obama also admitted that his cap and trade plan would bankrupt anyone who builds a coal-powered plant. Obama was honest about cap and trade | Read More »