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...this problem: a carbon tax to discourage people from using fossil fuels. That tax could be immediately refunded in the form of lower payroll taxes. But the House Democrats, still playing by Reagan-era ground rules, were too frightened to go there: they proposed instead a weak, inelegant cap-and-trade system of the sort that has provided precious little carbon reduction in Europe. It is Potemkin legislation, designed to give only the appearance of dealing with a problem...

Author: /time Magazine | Title: Obama: Getting Down to the Hard Choices | 7/9/2009 | See Source »

...continues. The cap-and-trade energy plan "is going to drive the cost of consumer goods and the cost of energy so extremely high." Democratic health-care proposals, she says, look increasingly like the ideas that McCain proposed during the campaign. "One thing reporters aren't asking the Administration is - it's such a simple question, and people around here in the real world, outside of Washington, D.C., want reporters to ask - President Obama, how are you going to pay for this one- or two- or three-trillion-dollar health-care plan? How are you going...

Author: /time Magazine | Title: The Outsider: Where Is Sarah Palin Going Next? | 7/9/2009 | See Source »

Culture warriors and security hawks squabbled, but they united on one man: President Barack H. Obama. Posters slammed him on every issue. Cap and trade? “Crap and trade.” Auto bailouts? “Bail yourself out.” Universal healthcare? “Don’t kill grandma!” A few signs were brutal: “Somewhere in Kenya, a village is missing their idiot.” But most people were more measured—or at least less partisan. For instance, Joe Markley, a former State Senator...

Author: By Brian J. Bolduc | Title: The Hartford Tea Party | 7/8/2009 | See Source »

...platform issues now are universal health care and your favorite issue, energy, his global-warming plan. What do you think of his positions on both? His cap-and-trade agenda is a cap-and-tax agenda, and it's going to drive the cost of consumer goods and the cost of energy so extremely high that our nation is going to start exporting even more jobs to China and to other countries that do not have the corporate tax or the equivalent of the corporate tax that the cap-and-trade - I call it cap-and-tax - agenda is going...

Author: /time Magazine | Title: TIME's Interview with Sarah Palin: 'It's All for Alaska' | 7/8/2009 | See Source »

...pathway for future emissions reductions. Suppose, for example, we wanted to hit a global emissions target of 30 billion metric tons of CO2 in 2030, or about a 30% cut from the business-as-usual forecast of 42 billion metric tons. That would translate to a global individual emissions cap of 10.8 metric tons of CO2, which 1.13 billion people - less than 15% of the global population in 2030 - would exceed. Emissions-reduction efforts would focus on the well-off people above the cap, whatever country they live in. That lets the global poor continue to use cheap fossil fuels...

Author: /time Magazine | Title: Study: A Fairer Way to Cut Global CO2 Emissions | 7/7/2009 | See Source »

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