Keyword: kerrylieberman
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Taxes: While the oil and gas companies are bearing the brunt of taxation, regulation and environmental angst, others are doing just fine, thank you. If you think cap-and-trade is dead, just follow the money. According to a recently released Center for Responsive Politics review of reports filed with the U.S. Senate and U.S. House, General Electric and its subsidiaries spent more than $9.5 million on federal lobbying from April to June — the most it's spent on lobbying since President Obama has been in office. Why? As the fight over cap-and-trade grows, so does lobbying. Since January, GE and its...
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Energy Policy: Senate Democrats have shelved job-killing cap-and-trade legislation, at least for now. Neither the political nor the Earth's climate suggests it's a good time to try to fool Mother Nature or the American people. After a Thursday meeting with Senate Democrats, Senate Majority Leader Harry Reid has apparently dropped plans to pursue cap-and-trade before the August recess. He doesn't have the votes to overcome a GOP filibuster, and saving the earth from a phantom threat stands way below jobs on Americans' wish list. But watch out after November. "What he suggested is that we move forward on several bills...
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A new study shows that the so-called American Power Act would cost the economy 5.1 million jobs and an average of more than $1,000 in extra energy costs per family. President Obama has repeatedly told Americans he has three main policy priorities — rewriting health care, overhauling the financial system, and imposing a cap-and-trade system to reduce greenhouse gas emissions. He met his first goal and he’s closer than ever on the second; time is running out if he wants to meet the trifecta by the end of 2010. But make no mistake, the president and his allies in Congress...
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Energy Policy: The administration plans to use sleight-of-hand politics to sneak through an economy-killing tax on energy as necessary to save the Earth. Make no mistake: Cap-and-trade is a tax every American will pay in every aspect of his or her life.IBD Exclusive Series: American Freedom And Prosperity Under AttackCap-and-trade is like Jason Voorhees of the "Friday the 13th" movie series. Just when you think you've killed it, it comes back. Exposures of fraud in the climate science used to justify it seemed to doom its chances as the economy soured and prospective costs seemed prohibitive. Then the Deepwater Horizon...
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Sens. John Kerry, D-Mass., and Joe Lieberman, I-Conn., have managed to write a cap-and-trade energy bill that should be greeted with guffaws from both believers and skeptics of man-made global warming. At a cost of billions of dollars and millions of jobs across America, the proposal would produce virtually no reduction in global temperatures even after being in force for decades. Using the MAGICC/SCENGEN climate model originally developed for the U.S. Environmental Protection Agency and assuming no other nation adopts the same measure, climate researcher Paul Knappenberger found that Kerry-Lieberman would reduce the average global temperature 0.077 degrees Fahrenheit by...
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The new Kerry-Lieberman climate bill mandates a 17% reduction in US carbon dioxide emissions by 2020. It first targets power plants that provide reliable, affordable electricity for American homes, schools, hospitals, offices and factories. Six years later, it further hobbles the manufacturing sector itself. Like the House-passed climate bill, Kerry-Lieberman also requires an 80% reduction in CO2 emissions by 2050. Once population growth and transportation, communication and electrification technologies are taken into account, this translates into requiring US emission levels last seen around 1870! House Speaker Pelosi says “every aspect of our lives must be subjected to an inventory,” to...
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The bill is about “jobs, jobs, jobs, jobs” (for bureaucrats, enviro lawyers, and climate scientists). Investor’s Business Daily: Regulations: Call it cap-and-trade or bait-and-switch, but John Kerry and Joe Lieberman continue to tilt at windmills with a bill to restrain energy growth in the name of saving the planet. The bill introduced Wednesday and sponsored by the two senators is called the American Power Act, an Orwellian phrase if ever there was one. Like President Obama’s offshore drilling program, for every “incentive” there is a restriction. It’s as if Hamlet were to be appointed Secretary of Energy.
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Top senators backed away from offshore drilling in a major new energy bill unveiled Wednesday, revealing the dramatic shift in drilling politics since the oil spill in the Gulf of Mexico began last month. The bill, authored by Sens. John Kerry, D-Mass., and Joe Lieberman, I-Conn., would let a state ban drilling within 75 miles of its coastline vs. 3 miles currently. A state also would be able to veto neighbors' drilling projects if a mandatory study indicated that an accident could harm the state's economy or environment. This is a major reversal from late '09, when Kerry called for...
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The Climate Bill came out today, er.. I mean cap-and-trade, er..I mean 'The American Power Act'. Tonight, Glenn exposes more of Crime, INC and shows us who and what is really behind this attempt to further transform our country and lead us down the path to global governance. This is incredible..he also uncovers stuff about Maurice Strong, the man whose idea it was for carbon credits in the first place..he's been talking about it for years. Though, I think Alex Jones did something on this before, not sure. http://www.watchglennbeck.com
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Regulations: Call it cap-and-trade or bait-and-switch, but John Kerry and Joe Lieberman continue to tilt at windmills with a bill to restrain energy growth in the name of saving the planet.IBD Exclusive Series: American Freedom And Prosperity Under AttackThe bill introduced Wednesday and sponsored by the two senators is called the American Power Act, an Orwellian phrase if ever there was one. Like President Obama's offshore drilling program, for every "incentive" there is a restriction. It's as if Hamlet were to be appointed Secretary of Energy. The legislation has little to do with developing America's vast domestic energy supply. It's...
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