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Cap and Trade Round-Up

Cap and Trade Round-Up

Word has it that the Waxman-Markey cap-and-trade/energy tax bill is finally hitting the floor of the House, probably this Friday. CEI is decidedly in the “anti” camp. To that end, we released a statement this morning by Director of Energy and Global Warming Policy Myron Ebell on the legislation and its potential impacts:

Waxman-Markey is a 1,201-page economic suicide note. Those Members of the House who vote for it are voting for long-term economic decline and for turning the United States into a second-rate…

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So, Mr. Waxman, how much global warming will your bill avert?

So, Mr. Waxman, how much global warming will your bill avert?

The Waxman-Markey cap-and-trade (energy tax) bill aims to reduce U.S. greenhouse gas emissions 20% below 2005 levels by 2020, 42% below by 2030, and 83% below by 2050. The cumulative cost in reduced GDP would likely total trillions of dollars. How much bang would we get for the buck?

Today, on Masterresource.org, climate scientist Chip Knappenberger shows by the numbers that the Waxman-Markey bill “will have virtually no impact on the future course of the earth’s climate.”

To calculate the climatic effects of the bill,…

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Chris Horner on the White House Energy Summit

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NADA report proves California waiver would create regulatory patchwork

A front-burner issue facing Environmental Protection Agency (EPA) Administrator Lisa Jackson is whether to grant a waiver under the Clean Air Act allowing the California Air Resources Board (CARB) to implement first-ever greenhouse gas (GHG) emission standards for new motor vehicles. Thirteen other states are poised to adopt the CARB program if Jackson grants the waiver. In all, about 40% of the U.S. auto market would come under the CARB rules.

Jackson’s predecessor, Stephen Johnson, rejected CARB’s application  in December 2007.  His reasons,…

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EU Climate Agreement All Smoke and Mirrors

EU Climate Agreement All Smoke and Mirrors

So if the EU has just put together an agreement to reduce emissions by 20% by 2020, why are the climate alarmist groups calling it “a dark day” and “an embarrassment”?

Well, the answer is because the actual agreement is for a 4% reduction (also explained in the last link, but Roger Pielke Jr does it better). And that may be null and void if a global agreement doesn’t emerge at Copenhagen next year, which it probably won’t.

Note also that the “rich”…

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Posted in Environment, Global Warming, International, Politics as UsualComments (5)

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