Tom Donohue: Let's Put a Lid On Cap-and-Tax

The fact that the Waxman-Markey cap-and-trade bill--officially known as the American Clean Energy and Security Act (ACES)--passed the U.S. House by a razor-thin margin proves that members of both parties have deep concerns about this legislation. And rightfully so. Although the U.S. Chamber supports comprehensive legislation to reduce greenhouse gas emissions, we believe that ACES is fundamentally flawed.

Pickens Plans To Kill His Alternative Energy Dream – 24/7 Wall Street

Pickens’ visions may have worked when crude was above $100. It may have worked if the government was quick to upgrade the nation’s energy transportation infrastructure. Neither of those things is happening. At age 81, Pickens is throwing in the towel.

According to The New York Times, Pickens will build a few small wind facilities, but “He said that he was unsure whether he would ever revive the giant wind project in the Texas Panhandle that has been on the drawing board for years.”

Pickens real problem is that wind power is a bust...
...
Pickens was the nation’s most passionate proponent of wind power. Now that he is walking off the stage, there is no one to pick up the baton, unless Al Gore has nothing better to do.

Global Warming Overshadowed: Media Give Massive Cap-and-Trade Tax Second Billing

Suppression of science and narrow passage of climate change legislation take back seat to celebrity deaths and health care.