Friday, July 24, 2009

Newsmax.com - Sens. Kerry and Boxer to Palin: Get Real on Energy
Palin isn’t the only one opposed to cap and trade. “This is just going to destroy a lot of jobs,” financial author Stephen Moore told CNBC.

“I call this cap and trade bill the India and China redevelopment act, because all those jobs are going to move there.”
Popular faith in Obama dwindles amid setbacks | The Australian
Charlie Cooke, respected commentator and author of online newsletter The Cook Political Report, says Obama's health and climate change agendas are too expensive at a time when voters are not willing to shoulder any more tax burden. He predicts Obama will drop his preferred "public option" for health insurance.

He also predicts the heart of Obama's climate change plan on carbon emissions -- a cap-and-trade scheme -- could go missing from legislation that ultimately passes in the Senate.
Let's review Obama's proposed remedies
As time passes by, more and more information becomes available that casts more and more doubt on President Obama’s proposed remedies for global warming. Maybe that’s why Obama and Speaker Nancy Pelosi and Senate Majority Leader Harry Reid, and others, have pushed so hard for quick passage of the so-called cap-and-trade program.
AFP: EU ministers shun French carbon tariff proposal
AARE, Sweden — European ministers rallied on Friday against a French proposal to introduce so-called carbon tariffs on non-EU nations that fail to agree on a new global deal on climate change.
Emerging Energy News: Capping carbon emissions or capping the economy?
BILLINGS, MONT.: A "dreadful piece of legislation." That's how Kenneth Green describes the American Clean Energy and Security Act of 2009, which has passed the U.S. House and is on its way to the Senate.

Green is a biologist and environmental scientist by training and is a resident scholar at the American Enterprise Institute. He was the featured speaker during an Energy Users' Summit held Wednesday at Montana State University Billings. Green sees the bill, also known as the Waxman-Markey bill, not as a cap and trade on carbon but as a cap and trade on the economy.
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Even Rhyno Stinchfield, CEO of Montana Wind Resources, balked at giving his endorsement. The legislation would benefit his industry, he said, but as a Montanan he's wary of government involvement.

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