Nicolas Loris

There’s a good reason the carbon emissions fell by a record 7 percent in 2009: The trade off for reduced carbon dioxide emissions is reduced economic activity. Senator John Kerry (D-Mass.) admitted as much last year, and today he and colleague Joe Lieberman (I-Conn.) will unveil a Senate cap-and-trade bill that will call for the same draconian cuts in CO2 as the House version passed last year. (more)

Earth Day is a great day for politicians to push their clean energy agenda and President Obama made this clear when he reiterated in Earth Day video message that we need to transition to a clean energy economy. Politicians say that we should use the earth’s renewable resources, most notably the wind and the sun, to power our country. Some Members of Congress are even pushing for a federal mandate that requires a predetermined percentage of our nation’s electricity from certain energy sources. The champion of ideas, as always, is Al Gore, who believes we can supply all our energy with renewable energy. But the reality is if we pursued Al Gore’s renewable energy dream, it would be American electricity consumers’ worst nightmare. (more)