Showing posts with label Cap and Trade. Show all posts
Showing posts with label Cap and Trade. Show all posts

Friday, August 14, 2009

Looks Like The Cap and Trade Bill Going Down In Flames

According to Daniel Whitten and Simon Lomax in Bloomberg today:

The U.S. Senate should abandon efforts to pass legislation curbing greenhouse-gas emissions this year and concentrate on a narrower bill to require use of renewable energy, four Democratic lawmakers say.

Read the whole story here.

For my thoughts on the cap and trade bill read here.

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Thursday, August 13, 2009

Cap and Trade Fails To Pass In Australia


According to Bloomberg:
Australia’s Senate rejected the government’s climate-change legislation, forcing Prime Minister Kevin Rudd to amend the bill or call an early election.

Senators voted 42 to 30 against the law, which included plans for a carbon trading system similar to one used in Europe. Australia, the world’s biggest coal exporter, was proposing to reduce greenhouse gases by between 5 percent and 15 percent of 2000 levels in the next decade.

Australia is the only developed country to my knowledge has not gone into recession during this economic crisis. Read about Australia's good economy here.

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Friday, June 26, 2009

Cap and Trade Bill Passes the House

Cap and Trade Bill Passes the House 219-212. This isn't good. More to come tomorrow got to run today...


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