Time for Inaction on Global Warming
Congress should consider the costs before passing “cap and trade.”
Posted: 10/20/2009 | Commentaries | Policy Issue: Global Warming
Carbon Offsets: Scam, Not Salvation
In the battle against climate change, most media attention has been paid to “cap-and-trade” schemes, under which countries set upper limits (“caps”) on greenhouse gas (GHG) emissions and allow companies to sell (“trade”) unused emissions rights to other firms. However, there is a second path to global warming salvation: Carbon offsets.
Posted: 08/01/2009 | Commentaries | Policy Issue: Global Warming
Waxman-Markey Deserves to Die
The fresh news about Washington—the White House and Congress—is that things are not going very well. A new president in full command of public-policy matters is having problems, from health care to taxes to massive federal spending and now to the Waxman-Markey bill, one of the oddest and most far-reaching pieces of legislation advocated by the new administration.
Posted: 07/26/2009 | Commentaries | Policy Issue: Global Warming
Waxman-Markey Bill Would Raise Electricity Prices $846 Billion
The Waxman-Markey bill to restrict carbon dioxide emissions would cost $846 billion in the next decade alone, in the form of required payments for emissions allowances, according to a June 5 report from the Congressional Budget Office.
Posted: 07/15/2009 | Commentaries | Policy Issue: Global Warming
Climate bill seems pretty dim
It’s been called a highly regressive tax, imposing relatively higher costs on the poor. Another agrees that it would impose a larger burden, relative to income, on low-income households than on high-income households. And these are just its advocates.
Posted: 06/16/2009 | Commentaries | Policy Issue: Global Warming