Australia: Renewable energy boom set to go up in smoke

UNTIL yesterday the so-called "green revolution" was ready to roll, but the renewable energy industry doubts the Government's white paper will allow it to get out of first gear.

The fear is that since carbon permits are limited to $25 a tonne, and many are being given away, the emissions trading scheme will simply add a little lead to the saddlebags of heavy polluters without giving enough incentive for investors to switch to emissions-free technology.

Obama Set to Annouce his Energy 'Dream' Team Today - HUMAN EVENTS

With Jackson you can expect “cap and trade” policies expressly designed to maximize your cost of heating your home or powering your office or factory. It isn’t really a pro-environment agenda; it’s an anti-capitalist one. George Will put it best: “Today’s “green left” is the old “red left” revised.”

The apparent selections for Barack Obama’s environmental team are as much a gift to the anti-capitalist left as they could have hoped for, a team far more anti-business than Obama’s economic advisors. Indeed, the coming battles between those two groups should make an interesting spectacle. Let’s hope the American economy isn’t mortally wounded in the crossfire.

Will Obama unleash EPA's wrath? | obama, unleash, ill - Opinion - Desert Dispatch

President-elect Barack Obama's new environmental team may bode ill — trillions of dollars of ill — if they are true to their green colors and implement administratively what even the Democratic-controlled Congress has refused to do legislatively, all in the name of saving America from global warming.