In the News

by William Yeatman on April 9, 2009

Obama’s Science Adviser Hints on Cap-and-Trade Compromise
Juliet Eilperin, Washington Post, 9 April 2009

The Obama administration might agree to auction only a portion of the emissions allowances granted at first under a cap-and-trade system to limit greenhouse gas pollution, White House science adviser John P. Holdren said yesterday, a move that would please electric utilities and manufacturers but could anger environmentalists.

Instead of Drilling, Obama Tilts at Green Windmills
DC Examiner, 9 April 2009

Weaning the U.S. off imported oil by drilling for known reserves off our coasts and under federal lands is a no-cost economic stimulus that would create 160,000 high-paying jobs and generate $1.7 trillion in new tax revenue and royalties. Tapping this resource would stop the flow of U.S. dollars to Middle Eastern sheikdoms, Hugo Chavez’s Venezuelan madhouse, and other OPEC outposts of petroleum-fueled global lunacy. But even though a large majority of Americans favor expanding domestic oil and gas production, President Obama’s administration is literally tilting at windmills instead.

U.S. Plays Down Hope for Climate Treaty
Gerard Wynn, Reuters, 8 April 2009

U.S. negotiators tried to dampen expectations on Wednesday of rapid progress on climate change after President Barack Obama vowed new U.S. leadership, on the closing day of U.N. talks in Bonn.

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