Energy, Cap and Trade: Dem Leaders’ Pretzel Logic on Display
An article in the Oil and Gas Journal reveals the thinking processes of some of our leaders on Capitol Hill. And it’s not a pretty sight. Speaking at a forum on energy and climate policy co-sponsored by Newsweek magazine and the American Petroleum Institute, Rep. Edward Markey (D-MA), Chair of the Subcommittee on Energy and Environment, and co-author of the Waxman-Markey Cap and Trade Bill | Read More »
Following the Money on Cap and Trade
The U.S. Chamber of Commerce is under attack by some of its members for its opposition to the Cap and Trade bill. The Natural Resources Defense Council, through its blogs and through the website whodoesthechamberrepresent.org maintains a running watch on those altruistic companies who have either quit the Chamber or publicly disputed its Climate Change position. To the NRDC, companies that stick with the Chamber’s | Read More »
Hope and Change: Obama administration kills Kyoto treaty.
Fair’s fair: if the previous administration had to take the heat for refusing to flush the American economy down the toilet for the sake of that nonsensical treaty, then so can this one. This one goes out to every voter whose primary motivation for voting Democratic was climate change: The United States never ratified the agreement because it doesn’t require any action from the developing | Read More »
CBO strikes again – Democrats’ cap-and-tax would hurt the economy
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 »
Cap and Trade: a job killer
You don’t have to be an economist to understand the economic situation. Unemployment has hit double digits in many states and is growing (in Ohio: 340,000 jobs lost since Ted Strickland and Lee Fisher took office) and everyone is paying the price. The stimulus has accomplished nothing (Again, in Ohio, in the neighborhood of 100,000 jobs lost since its passage) and yet the Democrats | Read More »
Comprehensive Cap & Trade Primer
When I think about cap & trade, I am reminded of an initiation prank that was played on new Soldiers in my unit during motor pool maintenance. A sergeant would tell a Soldier to get emissions samples from a vehicle and hand them a plastic shopping bag. The Soldier then went and put the bag on the exhaust pipe of a vehicle for a while | Read More »
Tags: "Cap and Trade"
, Carbon Credits
, Climate Change
, Global Warming
, Paul Krugman
, Trade War
, US economy
, World Bank
Michael Williams’ Cap-and-Trade series, continued.
Part 4 and Part 5 of his cap-and-trade review are up. Part 4 goes in quickly about the differences between the cap-and-trade restrictions of Waxman-Markey and the Clean Air Act (very quickly: it’s the difference between carbon dioxide and sulfur dioxide); Part 5 discusses the problems that W-M is going to give Texas specifically. Still remaining: the Chinese connection and how people can get involved. | Read More »
Paul Krugman: 40% of America currently traitors.
(Via Sister Toldjah) We should never have let Paul Krugman fester behind that TimesSelect subscriber wall. It broke something inside of him: But 212 representatives voted no. A handful of these no votes came from representatives who considered the bill too weak, but most rejected the bill because they rejected the whole notion that we have to do something about greenhouse gases. And as I | Read More »
The Great Carbon Credit Swindle
Neoliberal propaganda outlets have been breathlessly pushing the global warming meme since Al Gore morphed into a crackpot scientist three years ago. On Friday the Democrat-controlled House capitulated to special interest groups by passing the Waxman-Markey Energy Tax Bill. The legislation buys into the global warming fantasy to the tune of $1 trillion. Democrats have been hoodwinked into creating this boondoggle through assertions made using | Read More »
Cap and Trade is So Much More Than a Tax
With all due respect, it’s not news that Cap and Trade is a tax on energy. Its proponents have never advanced an argument that it proposes to do anything for the environment or global climate. Cap and Trade is insidious because it creates a new entitlement, so once it’s in place it will be next to impossible to kill. If it were just a tax, | Read More »
Landrieu’s Vote Becomes Key
Energy state Democrats, especially those that try to keep some hint of “moderate” cred, know upon which side their bread is buttered. On energy matters, their vote often follows their state’s economic and employment interest, as opposed to the party line. Mary Landrieu is the lone Democratic senator in a state whose entire House delegation, including Dem Charlie Melancon, voted against the Waxman-Markey bill. Most | Read More »
Just as a clarification on TVC’s WH’s ‘Sunlight’ abandonment post.
It’s quite good (H/T: Instapundit), but it has one bit at the end that needs to be addressed: UPDATE: FWIW, the Waxman-Markey climate bill passed 219-212. Any guess how many of those 219 (or, for that matter, the 212) really know everything that is in the bill? [bolding mine] None of them, but I just want to make sure that there’s no false equivalence going | Read More »
Congratulations to today’s victors
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 »
Destructive cap and trade bill passes with 8 GOP defections
The woefully ill-advised cap and trade bill, also known as the Waxman-Markey bill, narrowly passed in the House of Representatives with a finaly tally of 219-212. The article calls it a “triumph” for the President, but I don’t know how proud the Democrats should feel over such a close vote when 44 of their own voted against it, and in effect they owe passage of | Read More »
U.S. Gov’t Using European Satellite Info to Spy on Americans
The Minerals Management Service (MMS), the Department of the Interior agency charged with regulating offshore oil and gas production, notified operators this week that it has been using European Space Agency (ESA) satellite images to spot night time flares in the Gulf of Mexico for the last three years. Flaring of natural gas in small quantities is sometimes necessary for testing new wells (subject to | Read More »