Washington Times - TYRRELL: Cap-and-trade promises disaster

In this setup there will be countless opportunities for corruption as polluters try to bribe CAP's agents, or the agents try to elicit bribes. As with the SEC, there will be incompetence and lax enforcement. Finally, there will be senators and members of the House of Representatives making special pleadings for corporations in their regions, labor unions, special pleaders of all sorts.

Obama budget will bring back $4-per-gallon gas

Though the president has pledged that 95 percent of Americans won’t see their taxes rise by a single dime, his administration fails to tell us that every single one of us will see higher energy prices as a result of his budget.

By hiking taxes on energy companies and imposing a gigantic global warming tax, Obama virtually ensures rising costs for the energy we need.

The Obama budget’s massive tax increases on domestic energy have somehow slipped under the radar, yet it’s these tax hikes and other punitive measures that will surely reduce domestic energy supply and increase energy costs.

Through a mixture of production tax increases and manipulative tax code restructuring, Obama’s budget slaps a whopping $80 billion tax hike on energy companies. In a brazen political move, the budget would single out the oil and gas industry alone for harsher tax treatment.

Cleaning Coal Won't Be Dirt Cheap - WSJ.com

So far, the test is grabbing only about 1% of the greenhouse gas the plant coughs out. The method still consumes too much energy, says Sean Black, a manager at Alstom SA, the French company managing the test. "We're just in the beginning of this process," he says.