No surprise to the Right Soup, but 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.
A previously unreleased analysis prepared by the U.S. Department of Treasury says the total in new [...]

UPDATE: 2pm ET: Hearings have just resumed in the Senate Energy Committee. This morning, suggestions were tossed about that included using wood pellets, 14 solar energy plants that would employ a whopping 50,000 people, and the deforestation of our national parks to provide more biomass energy sources. Brainiacs!! Watch the hearings [...]

On Monday, the Senate will begin debate on the Democrap’s horrifying Cap and Trade bill, the one that even environmentalists hate because it won’t reduce pollution. What it will do, however, is create an army of energy nazis who will perform an “energy audit” on every home in America. If you don’t pass [...]

The revolving door between the world’s most powerful investment bank, Goldman Sachs, and the government has long twirled round. The firm has provided most of the personnel for the Treasury department and the Federal Reserve…and has come out smelling like a rose in the financial meltdown which has decimated many of its’ competitors. [...]

Democrats on the House Energy and Commerce Committee put their cap and trade global warming bill which will drastically increase U.S. energy prices, including electricity bills, on the fast track Monday. Republicans, meanwhile, are complaining that the expedited process is designed specifically to AVOID public debate about what the bill will do, and what [...]