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CAP-AND-TRADE
This section of DiscoverTheNetworks examines the proposed energy policy known as cap-and-trade, which Ben Lieberman outlines in his December 6, 2007 article, "Beware of Cap and Trade Climate Bills":


America's Climate Security Act of 2007 (S. 2191), sponsored by Senators Joseph Lieberman (I-CT) and John Warner (R-VA), is the latest and fastest-moving "cap and trade" bill introduced in Congress this year. All such climate change measures warrant careful scrutiny, as they would likely increase energy costs and do considerably more economic harm than environmental good.

These measures would set a limit, or cap, on carbon dioxide emissions from fossil fuel use. The effect of such a cap would be to impose rationing of coal, oil, and natural gas on the American economy. Each covered utility, oil company, and manufacturing facility would be given allowances based on past emissions or some other formula. Those companies that emit less carbon dioxide than permitted by their allowances could sell the excess to those that do not; this is the trade part of cap and trade. Over time, the cap would be ratcheted down, requiring greater cuts in emissions.

Each proposal differs from the others on specifics: the stringency of the cap, the number and type of companies covered, the ground rules for allocating and trading allowances, and other details....

Major Introductory Resources:

Beware of Cap and Trade Climate Bills
By Ben Lieberman
December 6, 2007

The Cost of Cap and Trade
By Robert Murphy
May 2, 2009

Obama's Cap-and-Trade Ripoff
By Steven Milloy
March 5, 2009

The Economics of Cap and Trade
By David Kreutzer
September 18, 2008

Cap and Trade: A New Disaster Waiting to Happen In 2009
By Terry Easton
April 14, 2009

A Garden of Piggish Delights
By Stephen Spruiell & Kevin Williamson
July 2, 2009

Cap and Trade Sold Under False Pretenses
By Nicolas Loris and Ben Lieberman
July 8, 2009

The Nuts and Bolts of Cap and Trade
Dr. Mark W. Hendrickson
July 17, 2009


Additional Key Resources:

The Public Option Is Not an Option
By David Limbaugh
October 30, 2009

Apparently a Less-Warm Planet Requires Loads of Pork, Red Tape, and Union Favoritism
By Jon Sanders
October 13, 2009

From Small Beginnings
By David Solway
September 22, 2009

Government Agencies Would Need $16.6 Billion in New Tax Revenue to Buy Carbon Allowances Under Global Warming Legislation
By Edwin Mora
August 26, 2009

A Surprising Rejection of Cap and Trade
By Claude Cartaginese
August 14, 2009

Questions to Ask at Town Hall Meetings
By Paul Driessen
August 7, 2009

The Cap-and-Trade Bait-and-Switch
By Nicolas Loris and Ben Lieberman
July 10, 2009

Cap-and-Tax: Government vs. America
By David Limbaugh
July 10, 2009

Congressman Pushes Cap and Trade, Though It Would Cripple Economy
By John Perazzo
July 9, 2009

No Climate Debate? Yes, There Is.
By Jeff Jacoby
July 1, 2009

Democrats’ Cap-and-Trade Bill Creates ‘Retrofit’ Policy for Homes and Businesses
By Matt Cover
July 1, 2009

The Waxman-Markey Travesty
By Rich Lowry
June 30, 2009

I've Heard of a Flat Tax, but a Flatulence Tax?
By Hannah Giles
June 29, 2009

Carbongate
By Investor's Business Daily
June 26, 2009

More Destructive than You Know
By David Kreutzer, Ph.D., Karen Campbell, Ph.D. and Nicolas Loris
June 25, 2009

Waxman's Economy Killer
By Steven Milloy
June 25, 2009

Plan to Combat Global Warming? Pie In the Sky
By Jonah Goldberg
June 10, 2009

Son of Waxman-Markey: More Politics Makes for a More Costly Bill
By William W. Beach, David Kreutzer, Ph.D., Karen Campbell, Ph.D. and Ben Lieberman
May 18, 2009

Save the Humans!
By David Harsanyi
April 22, 2009

Environmentalists Say ‘Cap-and-Trade’ Is Designed to Drive up Energy Costs and Redistribute Wealth
By Edwin Mora
April 16, 2009

Obama's Tax Proposals Cap Economic Growth
By Donald Lambro
April 3, 2009

House Democrats Introduce Cap-and-Trade, ‘Clean Energy’ Bill
By Susan Jones
March 31, 2009

Cap-and-Trade - 'Largest Tax Increase of All Time'
By Pete Chagnon
March 30, 2009

Choking on Hypocritical "Green" Legislation
By Donald Lambro
March 27, 2009

Cap-and-Trade's Regressive Tax
By Jillian Bandes
March 19, 2009

Cap and Trade: Wall Street's Latest Scheme
By Tom Borelli
March 7, 2009

Cap-and-Trade Plan Will Sink Michigan
By the Detroit News
March 4, 2009

Baby, Baby, It's a Cold World
By Peter Ferrara
June 2, 2008

The Significant Costs of Cap-and-Trade
By Drew Thornley
March 17, 2008

Carbon Cap and Trade
By Peter Huessy
July 26, 2007

Cap-and-Trade Means Energy Bubble
By Tom Borelli
February 17, 2009

Obama’s Grand Experiment: Global Warming Cap-and-Trade Policy
By Tom Borelli
November 29, 2008


Other Resources:

Families Will Suffer Under Cap-and-Trade
By Nicole Kurokawa
November 16, 2009

If Cap and Trade Doesn't Work, Obama Will Make it Work
By Nick Loris
November 11, 2009

Democrats’ Cap and Trade Bills Would Dry Up Federal Permits for Businesses, Republicans Warn
By Susan Jones
November 11, 2009

How Will Cap and Trade Effect You?
By FreedomWorks.org
November 11, 2009

Committee Ousts Cap and Trade
By Pete Chagnon
November 6, 2009

Cap and Trade - Gore's 'Gravy Train'
By Pete Chagnon
November 4, 2009

Corporations and Left-Wing Activists Join Hands to Promote Cap-and-Trade
By Tom Borelli, Ph.D.
October 10, 2009

The Best Health Reform May Be to Kill Cap-and-Trade
By David A. Ridenour
September 22, 2009

Cap-and-Trade Is Dead. Long Live Cap-and-Trade
By Patrick J. Michaels
September 18, 2009

Leader of None
By Paul Driessen
September 5, 2009

Cap And Trade: Productive Farmland to Be Turned Into Forests
By Right Soup
August 28, 2009

Ideas for Offsetting Global Warming Bill's Costs to Consumers and Industry Are Complicated and Difficult to Execute
By Fred Lucas
August 18, 2009

$8 Billion - Just for 'Cap-and-trade' Staffing
By Pete Chagnon
August 14, 2009

A Surprising Rejection of Cap-and-Trade
By Claude Cartaginese
August 14, 2009

Global Warming Bill Would Cut U.S. Economic Growth, Study Says
By Edwin Mora
August 14, 2009

Policy as Pipedream
By Mackubin Thomas Owens
August 7, 2009

International Cap-and-Trade Regime Could Benefit Organized Crime by Creating Carbon Credit Black Market, Senator Warns
By Penny Starr
July 31, 2009

An Ideologue In a Hurry
By Rich Lowry
July 21, 2009

Clinton Accepts Blame for ‘Global Warming’ Role, Ponders Link Between Climate Change and Family Planning
By Patrick Goodenough
July 20, 2009

Cap and Trade: The Path to 'Global Governance'
By the Washington Examiner Editorial Staff
July 16, 2009

EPA Cover-up
By Walter Williams
July 15, 2009

Climate-Change Bill Gives China Advantage Over U.S., Putting U.S. Industries and Jobs at Risk, Says Government Report
By Edwin Mora
July 14, 2009

Gore: Cap-and-Trade Will Bring Global Government
By Rick Pedraza
July 13, 2009

Dump Cap-And-Trade, Experts Advise World Leaders
By Patrick Goodenough
July 9, 2009

Pickens Explains His Support for Totalitarian Cap-and-Trade Bill
By Matthew Vadum
July 8, 2009

Listen Up, Americans...Cap and Trade a 'Disaster'
By Pete Chagnon
July 6, 2009

Obama Isn't Cool — The Globe Is
By Mark Steyn
July 6, 2009

The Empirical President
By Mona Charen
July 3, 2009

Henry Waxman Questions Your Patriotism
By Doug Heye
July 2, 2009

Cap and Confuse
By Paul Greenberg
July 2, 2009

Sleaze' Undergirds Passage of Cap and Trade
By Pete Chagnon
July 2, 2009

Dragon Us Down, the Green Way
By William R. Hawkins
July 1, 2009

Let's Do Something -- Anything
By David Harsanyi
July 1, 2009

End the War on Reading
By Jamie Weinstein
July 1, 2009

Still I Look to Find a Reason to Believe
By Richard Fernandez
July 1, 2009

Cap-and-Trade: What's Next?
By Sen. James Inhofe
June 30, 2009

Skyrocketing Costs - the Cap-and-Trade Legacy
By Jim Brown
June 30, 2009

Penalize America First
By Rich Galen
June 29, 2009

Betting Blind on ACES
By Jonathan H. Adler
June 29, 2009

Waxman-Markey Is Hilarious, but the Joke Is on Us
By Myron Ebell
June 29, 2009

CBO Ignores Economic Impact of Democrats’ Climate Bill
By Matt Cover
June 29, 2009

Cap-and-trade: Unread, Undead
By Paul Jacob
June 29, 2009

House Narrowly Passes Bill Designed to Influence Earth’s Climate by Restricting U.S. Industry and Imposing Costs on American Families
By CNSNews.com
June 27, 2009

Throw the Bums Out
By David Limbaugh
June 26, 2009

EPA's Game of Global Warming Hide-and-Seek
By Michelle Malkin
June 25, 2009

Hide Your Wallets, Here Comes Al Gore
By Claude Cartaginese
June 23, 2009

Democrats' Big Green Scam
By Phil Kerpen
June 23, 2009

Smoot-Waxman
By E. Ralph Hostetter
June 1, 2009

Obama's Corporatism Strategy Might Advance Cap-and-Trade
By Tom Borelli
May 30, 2009

GOP Looks to Halt Cap-and-Trade
By Jillian Bandes
May 6, 2009

Supporting Cap-and-Trade "Almost Demented"
By Amy Ridenour
May 4, 2009

Cap and Trade a ‘Declaration of War,’ Say Republicans
By Josiah Ryan
May 1, 2009

Gore's Profitable Environment
By Michael P. Tremoglie
April 30, 2009

Obama’s ‘Cap and Trade’ Plan Likely Will Raise Energy Prices, Says Senate Energy Chairman
By Nicholas Ballasy
April 30, 2009

Gore Claims Cap-and-Trade Will Save Americans Money
By Edwin Mora
April 28, 2009

Obama's Energy Policy Driven by Ideology, Not Reason
By Tom Borelli
April 18, 2009

EPA Inviting Public Comment on National ‘Greenhouse Gas Reporting Rule’
By Susan Jones
April 6, 2009

Cap and Trade Legislation Would Kill Coal Industry, Congressman Says
By Ryan Byrnes
April 2, 2009

Obama Cap-and-Trade Will Meet Coal-Fired Energy Political Opposition
By Michael Barone
March 25, 2009

Americans for Prosperity Condemns Obama-EPA Finding Calling Carbon Dioxide a 'Threat to Public Health and Welfare'
By Phil Kerpen
March 23, 2009

Kerry, Boxer: U.S. ‘Needs’ Cap-and-Trade on Carbon Emissions Even if Energy Costs Rise
By Matt Cover
March 20, 2009

Save Us from "Save Our Planet"
By E. Ralph Hostetter
March 13, 2009

Global Warming "Bait-and-Switch"
By Paul Driessen
March 7, 2009

"Special Interests" Love Cap and Trade
Posted in "The Foundry" (Heritage Foundation)
March 2, 2009

Obama Counting on Cap-and-Trade
By Tom LoBianco
February 25, 2009

Stop "Cap-and-Trade"
By William Kovacs
December 5, 2007





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