There’s must read article on the biofuels industry in today’s Wall Street Journal… The full article is subscriber content but here’s the extract: The biofuels revolution that promised to reduce America’s dependence on foreign oil is fizzling out. Two-thirds of U.S. biodiesel production capacity now sits unused, reports the National Biodiesel Board. Biodiesel, a crucial […]
Energy
House Passes Cap and Tax Bill 219-212
The House of Representatives passed President Barack Obama’s massive Cap and Trade energy tax bill by a vote 219-212 yesterday… 211 Democrats and eight Republicans voted for the bill. WASHINGTON — Landmark legislation to curb U.S. greenhouse-gas emissions was approved by the House of Representatives in a close vote late Friday, securing an initial victory […]
Environmentalists: ‘Cap-and-Trade’ Is Designed to Drive up Energy Costs and Redistribute Wealth
From CNSNews.com: President Obama’s “cap and trade” plan to reduce greenhouse gas emissions is specifically designed to drive up energy prices and redistribute wealth, according to a coalition of environmental, union, and liberal activist groups that is pushing for Congress to enact the proposal this year. The plan would also redistribute wealth by taking revenue […]
John Larson: Government Should Compel Consumers to Use Alternative Energy
From CNSNews.com: Government policy should be crafted to raise the price of carbon-emitting energy sources so consumers are compelled to choose alternative energy, House Democratic Conference Chairman John Larson (D-Conn.) told CNSNews.com on Thursday. Larson agreed that such a policy would likely result in higher electricity prices for consumers but said this is needed to […]
Kerry and Boxer: U.S. ‘Needs’ Cap-and-Trade on Carbon Emissions Even if Energy Costs Rise
I was going to mention this Washington times piece on Barack Obama’s climate plan yesterday… But I had the feeling if I waited one or more of our genius politicians would say something stupid. Enter Democratic Sens. John F. Kerry and Barbara Boxer: Democratic Sens. John Kerry and Barbara Boxer told CNSNews.com that the nation […]
Audio: Barack Obama’s Cap & Trade Policy is So Aggressive It Will Bankrupt Coal Fired Plants
If Barack Obama’s remarks wealth redistribution didn’t scare you his remarks on energy policy should… In a January 2008 interview with the San Francisco Chronicle Sen. Obama said that he would impose a Cap & Trade system aggressive that it would bankrupt anyone trying to build a new coal powered plant. This really just the […]