By Marlo Lewis Most media coverage of H.R. 2454, the American Clean Energy and Security Act of 2009 (ACES), focuses on the bill’s cap-and-trade program and the free rationing coupons (emission allowances) that the bill’s co-sponsors, Reps. Henry Waxman (D-CA) and Ed Markey (D-MA), had to hand out to utilities and other interests to secure […]
Archive | May, 2009
Obama Imposes Fuel Efficiency on Detroit
By Martin Sieff U.S. President Barack Obama has announced his long-projected new guidelines to cut fuel costs and increase U.S. auto efficiency. But his program looks certain to dramatically boost the costs of purchasing new cars for American consumers, putting a heavy new burden on the Detroit automakers who are already struggling to survive or […]
The Threat of a Cap-and-Trade Swindle
From National Post The closer the United States gets to adopting a cap-and-trade system to control greenhouse gas emissions, the more frightening it gets. Not because the plan now under debate in the U. S. Congress would complicate the lives of energy producers, or impose new costs on consumers. Those drawbacks might be bearable if […]
Biofuels Bailouts
By Paul Chesser Never mind the allegedly detrimental effect biofuels have by increasing greenhouse gas emissions and therefore global warming — the Obama Administration will continue to blast CO2 in the atmosphere by burning vegetation. It’s not a surprise as the president talked about it during his campaign, but now the ugly details are coming […]
Global Warming Bill Becomes Another Washington Porkfest
By Timothy P. Carney Rather than stopping the rise of the oceans, President Barack Obama’s push for greenhouse gas regulations is turning into another all-you-can-eat porkfest. As Rep. Henry Waxman, D-Calif., prepares to introduce a climate bill in the House Energy and Commerce Committee he chairs, big businesses and their well-connected lobbyists are lining up […]