Keyword: waxmanmalarkey
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Rep. Edward Markey (D-Mass.), chairman of the Select Committee on Energy Independence and Global Warming, held hearings yesterday to look into fraudulent letters which were sent on behalf of the coal industry to several members of congress. The original hearing was to take place on October 15, but was postponed until yesterday morning. The committee lined up the following witnesses: Rep. Tom Periello (D-Va.) Mr. Jack Bonner, Bonner & Associates Mr. Steve Miller, President and CEO, American Coalition for Clean Coal Electricity Ms. Lisa M. Maatz, Director of Public Policy and Government Relations, American Association of University Women Mr. Hilary...
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A controversial provision of climate-change legislation currently moving through Congress will raise the cost of fuel for U.S. businesses and consumers by $3.6 trillion from 2015 to 2050, and raise diesel fuel prices by $1.4 trillion during that span, according to a report issued Oct. 21 by two Senate Republicans. The report, from Sens. Kay Bailey Hutchison (R-Texas) and Christopher S. (Kit) Bond (R-Mo.), said the provision, known as "cap and trade," will increase the cost of motor fuels by 24 cents a gallon by 2020 and by 95 cents per gallon by 2050. The estimates were derived by multiplying...
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Today, the director of the Congressional Budget Office warned the Senate Energy and Natural Resources Committee that proposed climate change legislation would impose "significant costs" on America's GDP and employment. That’s not exactly what proponents had promised. According to CBO chief Douglas Elmendorf, the Waxman-Markey bill passed in the House last June would reduce GDP by between one and three quarters of a percent by 2020, and between 1 and 3.5% by 2050. To the average household that might equate annually to $160 by 2020 and $925 by 2050 – hardly the “cost of a postage stamp” promised by the...
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It was a startling admission. Prior to passage of "Cap-and-Trade" legislation by the House of Representatives, Mr. Henry Waxman (D, CA), House Energy and Commerce Committee Chairman and co-sponsor of the bill, in responding to a question from Mr. Joe Barton (R, TX) at a May 22 hearing, admitted the following: "I certainly don't claim that I know everything that's in this bill. I know we left it to ....we relied very heavily on the scientists on the IPCC and others and the consensus they have that there is a problem with global warming, it's having an impact, and that...
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THE cap-and-trade bill passed the House of Representatives shrouded in a fog of willful ignorance and calculated irrationality. No one could be sure what he was voting for -- not after the 1,200-page bill had a 300-page amendment added at 3:09 a.m. the day of its passage. The bill is so complex and jerry-built that even its supporters can't know how, or if, it will work. And it's impossible for someone to know whether the motivating crisis, impending planetary doom, will ever materialize. Other than that, it's a model exercise in thoughtful lawmaking. The so-called Waxman-Markey bill's formulation was less...
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There is much outrage in the 10th District where I live. My 10th District congressman, Mark Kirk, has the dubious distinction of being the only Republican member of the Illinois congressional delegation, and one of only eight Republicans nationwide, who voted on Friday, June 26, for the Waxman-Markey energy bill (HR 2454), commonly referred to as "Cap and Trade" or "Global Warming" bill. The bill narrowly passed the House with a vote of 219 to 212. I would imagine that the same outrage exists in the congressional districts represented by all eight of the renegade Republicans. It is frowned upon...
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