Part 5 - Getting more expensive to put lipstick on a pig
Warren Buffett, when talking about the Waxman-Markey cap and trade bill, says simply, “It’s a tax”.
Entities as varied as the National Black Chamber of Commerce, The Brookings Institution and the Heritage Foundation agree cap and trade will reduce national GDP, eliminate jobs and lighten family wallets.
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Part 4 - All cap and trade programs are not created equal.
Proponents of Waxman-Markey argue that the CO2 cap and trade bill is similar to the cap and trade program enacted by the Clean Air Act of 1990 (CAA), which reduced the sulfur emissions that cause acid rain.
Not quite.
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Part 3 - "Cap and Trade" 101
Recently, the U.S. House Energy and Commerce Committee began debating the Waxman-Markey cap and trade bill. The tentacles of the massive 900+ page legislation will reach into every aspect of American life and significantly impact our national economic and energy security.
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Part 2 - The Endangerment Finding
Earlier today, Texas submitted comments to EPA’s April 17th “endangerment finding” that six greenhouse gases, including C02, cause or contribute to global warming. EPA’s finding was the first official action taken by the federal government to regulate carbon dioxide and could lead to regulations for almost anything that emits carbon dioxide – power plants, refineries, cars, hospitals, schools, restaurants, churches and farms.
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Part 1 - Cap and Trade Blog Series
Democrats in Congress, joined with the Obama administration, are proceeding along parallel tracks to impose CO2 regulations so sweeping as to become the most expensive and expansive environmental reach of government into the lives of American families, businesses and consumers in history.
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