Tag Archive | "energy costs"

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Don’t Forget Cap and Trade!

Don’t Forget Cap and Trade!

Even though 4 Democratic Senators are so nervous about the electricity tax called cap-and-trade they are urging their leadership to drop it from the global warming bill, no-one should count on that happening yet. More Senators need to wake up to the significant problems cap-and-trade has, and there is no better example of those than the European version of the scheme. With that in mind, my colleague Roger Abbott and I have written a piece for the American Spectator today that…

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Posted in Economy, Employment, Energy, Environment, Global Warming, RegulationComments (1)

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Alarmism Has Consequences

Alarmism Has Consequences

In a magnificent display of self-delusion, the green movement is holding a demonstration at the Capitol’s power plant today to protest the continued use of coal to keep people warm. Although I’d love to put the continued operation of Congress at the mercy of the weather, there is a more important point here. Coal is Affordable energy increases people’s income, keeps them in jobs, and keeps them alive. Here is a brief summary of some important research on the subject.

The…

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Posted in Energy, Environment, Global Warming, Precaution & Risk, SanctimonyComments (4)

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The Energy Tax Budget

The Energy Tax Budget

“Not one dime,” said President Obama in his address to Congress, referring to how much extra tax people earning under $250,000 a year will have to pay in his budget. Unfortunately, even if you don’t have to pay extra tax, you will have to pay extra fees for your energy, which are passed on to the government via energy companies. That’s the effect of the President’s cap-and-trade scheme for carbon emissions, an important part of his new budget. Energy companies…

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Posted in Economy, Energy, Environment, Global Warming, Stimulus to NowhereComments (8)

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Obama Inaugural Speech Spurns Notion of Apologizing

Obama Inaugural Speech Spurns Notion of Apologizing

Listening to President Obama’s inaugural address today, I was struck by his rhetoric with respect to “apologizing for our way of life.” It was a bit unclear, but hopefully he was referring, not only to threats to our national security, but to energy consumption — the notion that we (Americans, westerners) should not apologize for the energy we consume, which enables us to live better, more productive, healthy lives.

With old friends and former foes, we will work tirelessly to lessen the…

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Posted in Energy, Environment, Global WarmingComments (0)

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