Radio
August 10, 2009: One of the more controversial aspects of the Obama administration’s energy policy is something known as ‘cap and trade.’ Also known as ‘emissions trading,’ it’s a plan that allows firms that pollute beyond a government standard to buy credits from firms that pollute less than the standard with the object being to keep the total amount of pollution below the government-set limits.
Proponents call it free market environmentalism, and during the 2008 Presidential campaign, then-candidate Barack Obama said that under his leadership the U.S. would enter a cap and trade system to in order to limit global warming. Critics believe a government-operated cap and trade system gives the government too much control over how energy can be used, in effect rationing energy, making it both less plentiful and more expensive-neither of which would help our already struggling economy.
IER President Tom Pyle discusses cap and trade on the Jim Bohannon show.
Television
What Will a Climate Change Bill Mean for You?
October 11, 2009
Web Video
Cap and Trade’s Effect on the Poor
October 1, 2009