The Cap and Trade Illusion

By Robert Rosamond
The Obama administration intends on implementing a ‘Cap and Trade’ bill by May of 2010 in hopes of curbing the emission of harmful greenhouse gases and reducing pollution. Not only would the legislation fail to effectively reduce emissions it would cost American citizens billions in taxes. Here’s what you need to know about the ‘Cap...

TAGS: Cap and Trade, Environmental Protection Agency, Greenhouse Gas

Creating the Carbon-Credit Bubble

By Robert Flanagan
On June 26th the House of Representatives passed H.R. 2454: The American Clean Energy and Security Act of 2009. Under this system, the government will issue a fixed number of carbon credits that will give the bearer the right to release carbon into the atmosphere over the course of a year. In future years, the...

TAGS: Cap and Trade