Your host Richard Morrison welcomes globalwarming.org editor William Yeatman to the program for Episode 61 of the LibertyWeek podcast. Tune into the segment that starts around 7:00 and continues to 12:15, where we discuss the U.S. Treasury Department documents that reveal the true cost of cap-and-trade legislation.

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CEI’s Chris Horner used the Freedom of Information Act to uncover internal documents from the Obama administration in which Treasury Department officials admit that a cap-and-trade would impose a steep energy tax on American families.

The Treasury Department’s admission contradicts claims by Democratic leadership that a cap-and-trade energy rationing scheme would boost the economy. In fact, a massive new energy tax (Department officials suggest that a cap-and-trade would cost consumers hundreds of billions of dollars) would depress economic growth by increasing…

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