The closer that the Waxman-Markey energy planning bill gets to the floor of the House of Representatives, the more convoluted and intellectually absurd it becomes. The cap-and-trade provision is getting the most attention, but there is so much more that deserves criticism. Jerry Taylor, for example, has exposed the “Clean Energy Bank” provision (buried in Subtitle J) as an open-ended piggybank for uneconomic, politically correct energies.
As I blogged at the Enterprise Blog yesterday, a provision of HR 2454 would forbid EPA to proceed with a ruling about how foreign land-clearing would be taken into account when calculating ethanol’s carbon footprint. Instead, EPA is forced into a 5-year moratorium to “study” the issue. Amazing, EPA does an endangerment finding in a few months but has to “study” this single, relatively well-understood issue for 5 years.…
Call it an economic train wreck, a constitutional crisis, or legslative thuggery. Litigation-driven regulation of carbon dioxide (CO2) under the Clean Air Act (CAA) is all of the above.
The Supreme Court case of Massachusetts v. EPA (April 2, 2007) has set the stage for a policy disaster. Mass v. EPA’s second anniversary rapidly approaches, and in a Power Point presentation leaked to Greenwire last week, EPA reveals how it plans to respond to the Court. But first, some background on the case and the Pandora’s Box it has created.…