by William Yeatman
October 28, 2009 @ 12:04 pm
When Senator John Kerry released a draft of S. 1733, the Clean Energy Jobs and American Power Act, he told reporters, “I don’t know what cap-and-trade means.” That was a pretty strange thing to say, seeing as how he wrote the legislation, and its centerpiece is a cap-and-trade energy rationing scheme.
In the month since, it doesn’t seem as though Kerry bothered to learn anything about the bill he supposedly wrote. Yesterday he told the Senate Environment and Public Works Committee…
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by William Yeatman
October 05, 2009 @ 11:03 am
Senator Barbara Boxer (D-California) appeared on CSPAN’s Newsmakers this Sunday to talk about the Kerry-Boxer climate bill. The highlight of the interview was when Boxer said that recent behavioral changes led to a drop in U.S. greenhouse gas emissions. She must have been referring to foreclosures and layoffs, because the ailing economy is the only reason that emissions have fallen.
Boxer inadvertently made a great point: Greenhouse gas emissions are causally correlated with economic growth. This is why her cap-and-tax energy-rationing bill…
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by William Yeatman
September 14, 2009 @ 2:48 pm
Rumors surfaced last week that President Barack Obama now considers financial sector reform to be his administration’s #2 priority after healthcare. Previously, climate change was thought to be the next big-ticket item on the President’s agenda.
The tea-leaves seem to indicate that this rumor is true.
For starters, Senator Chris Dodd (D-Connecticut) decided to stay on as Chairman of the Senate Banking, Housing and Urban Affairs Committee, rather than accept the gavel on the Health, Education, Labor, and Pensions Committee (a post…
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