Bob McCarty Writes

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Entries Tagged as 'Cap-and-Trade Legislation'

Higher Fuel Prices, Job Losses to Follow G20 Commitment to Phase Out Fossil Fuel Subsidies

September 25th, 2009 · No Comments

President Barack Obama just outlined steps he and other G-20 world leaders at the Pittsburgh Summit 2009 have decided to take to change the world in many economic areas, including energy.  Most notable to me was his mention of “phasing out fossil fuel subsidies.” If you think that eliminating subsidies is getting rid of some [...]

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CEI Makes Waves in Climate Change Debate

September 25th, 2009 · 1 Comment

I receive a lot of e-mails every week.  They come from individuals and groups, including nonprofit organizations in the nation’s capitol.  One of the best e-mails I received this week came from Charles Huang at the Competitive Enterprise Institute and has to do with one of my pet-peeve subjects, climate change (a.k.a., GLOBULL WARMING).  It [...]

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Wheat Growers Now Oppose Cap-and-Trade Bill

September 8th, 2009 · 6 Comments

I grew up in Enid, Okla., a community once known as the Wheat Capital of the World, so I appreciate Sen. James Inhofe’s excitement upon learning that the board of the National Wheat Growers Association had shifted its position and now opposes “Cap and Trade” (i.e.,  the Waxman-Markey Climate Change Bill). “I’m pleased that the [...]

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Two Words Behind Push for Cap-and-Trade Bill

June 26th, 2009 · 1 Comment

In a news release late this afternoon, Sen. Jim Inhofe (R-Okla.) used almost 300 words to describe the U.S. House of Representatives’ narrow passage of the Waxman-Markey Climate Change Bill.  An excerpt appears below. “The Waxman-Markey bill is just the latest incarnation of cap-and-trade legislation that will destroy American jobs by pushing them overseas, force [...]

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If Passed, Cap-and-Trade Bill Will Cost You Dearly

May 28th, 2009 · 1 Comment

The Waxman-Markey cap-and-trade bill will hit consumers of petroleum fuels especially hard by dramatically increasing the costs of goods and services as noted in the graphic at right, according to two groups closely following the legislation. In a three-page document (pdf) forwarded to me early this afternoon, American Petroleum Institute officials warn that people who [...]

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Cap-and-Trade Proposal Carries Adverse Impact

May 21st, 2009 · 1 Comment

American Petroleum Institute President Jack Gerard issued the following statement today regarding the House Energy and Commerce Committee’s approval of the Waxman-Markey cap-and-trade proposal in a 33-25 vote largely along party lines: “While the bill has laudable environmental and economic goals, its inequitable system of allocations remains intact and if enacted would have a disproportionate [...]

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Inhofe Slams Obama’s Cap-and-Trade ‘Scheme’

March 18th, 2009 · 2 Comments

“There is nothing in it for taxpayers, consumers or the climate,” said Sen. James Inhofe (R-Okla.) while speaking about President Barack Obama’s cap-and-trade tax scheme on the Senate floor this morning.  “If it is time for anything, it is time for us to get realistic about these policies, and focus on what is achievable, both [...]

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