Investor's Business Daily -- Penny-Wise And Megawatt Foolish

Energy: Among the Lilliputian cuts in the budget is the termination of the nuclear waste repository at Yucca Mountain, Nev. Thus, a "shovel ready" renewable resource that emits no greenhouse gases is shoved aside.

Audit Finds Canada Failing To Measure Greenhouse Gas Emissions

OTTAWA (AFP)--The Canadian government is failing to measure whether or not individual programs to reduce the nation's greenhouse gas emissions are succeeding, as required by law, an audit revealed Tuesday.

Investor's Business Daily -- The Green Wind Of Destruction

Regulation: To say we're skeptical of the administration's claim that green jobs will bolster economic recovery is putting it mildly. It's much easier to believe that needless environmental rules will cause widespread job losses.

Investor's Business Daily -- Cap-And-Trade Just Shorthand For Tax Hikes

Barack Obama promised that he wouldn't raise taxes on anyone making less than $250,000 a year. He neglected to mention that this tax exemption would go only to those who don't use electricity, gasoline, heating oil or natural gas.

The truth of the matter is that Obama will raise taxes on practically all middle-class Americans. But that's not all. In addition to new taxes on all those necessities (just think of all the appliances in your home that use electricity), he will drastically reduce our standard of living.

Cap and Corruption: The Fraud behind Carbon Reduction Targets (Part 7 in a 10-part series) » The Foundry

Bryan Leyland, chairman of the economic panel of the New Zealand Climate Science Coalition, said, “I first heard about carbon trading at a conference more than 10 years ago. I got up and said ‘If I was the financial adviser to the Mafia, I would advise them to get into carbon trading.’ Nothing that has happened since then changes my opinion - rather the reverse.”

In fact, now the Italian mafia is getting involved in green energy.

And let’s not forget Enron’s Ken Lay was a strong supporter of carbon cap and trade. He believed a cap and trade program “do more to promote Enron’s business than almost any other regulatory initiative.” These carbon allowances that will be bought and sold have a value estimated at $50 billion to $300 billion annually, and the trade in them would be a huge new business. Enron may be gone, but others ready to take advantage of cap and trade, at the public’s expense, are not.