Backgrounder posted April 12, 2013 by Derrick Morgan
Boxer–Sanders Carbon Tax Would Empower EPA to Crush Booming Energy Economy
In his 2013 State of the Union speech, President Barack Obama called on Congress to pursue a solution to climate change, or else he would do it on his own. The same week, Senate Environment and Public Works Committee Chairman Barbara Boxer (D–CA) and committee member Bernie Sanders (I–VT) introduced the first major bill that would institute a carbon tax, the Climate…
Backgrounder posted December 17, 2012 by Nicolas Loris, Derrick Morgan
Cap-and-Trade for Cars Means Higher Prices and Less Choice for Car Buyers
Abstract: New fuel-efficiency standards issued by the U.S. Department of Transportation and the Environmental Protection Agency will increase the average cost of a new car by $3,000 by 2025. Furthermore, consumers are unlikely to realize the projected fuel savings used to justify these standards, and the new standards will further constrain consumer choice. The market is…