CBS News The Obama administration has privately concluded that a cap and trade law would cost American taxpayers up to $200 billion a year, the equivalent of hiking personal income taxes by about 15 percent. Read the full story.
By Tina Seeley Aug. 24 (Bloomberg) — U.S. refining production may drop by a quarter by 2030, making the nation more dependent on fuel imports, if the climate-change legislation approved by the House becomes law, the American Petroleum Institute said. The Washington-based group, whose members include Exxon Mobil Corp. and ConocoPhillips, released a study today […]
Together, North Dakotans drive a total of 7 billion miles a year. This means, that on average, North Dakotans drive 10,900 miles for every person, per year, in the State. On a household basis, this amounts to 26,000 miles per year. According to the US Bureau of Transportation Statistics, in the year 2000 (latest data […]
President Obama and his Congressional leadership allies are trying to swiftly enact national cap & trade legislation. The House has narrowly passed HR 2454 in late June, a bill that would require U.S. carbon emissions to be cut by more than 80% by 2050 from their 2005 levels. To facilitate the transition to a carbon-constrained […]
New York Times – The fate of major climate legislation in Congress could rest with North Dakota. The sparsely populated state in the upper Midwest, noted for its badlands and bone-chilling winters, wields as much clout as regions three times its size in the global warming debate. Its two Democratic senators possess crucial swing votes on […]
By U.S. SEN. BYRON DORGAN North Dakota I’m in favor of taking action to reduce CO2 emissions and to protect our environment. But I don’t support the “cap-and-trade” plan now being debated in Congress. “Cap-and-trade” is an approach that would have the government set caps on carbon emissions from certain sources, and then establish a […]
KFYRT – Energy bills could see a huge increase in the near future. A cap and trade bill has passed the U.S. House of Representatives that is aimed at stopping climate change. Many Democrats say the bill would improve the nations economy by increasing jobs in renewable energy. Read Full Article