environment

CHICAGO, IL -- The Heartland Institute provided the following comments about the U.S. Environmental Protection Agency’s proposed regulation of six greenhouse gases under the Clean Air Act, 42 U.S.C. §7401 et seq., as detailed in the ANPR.

For the reasons discussed below, the ANPR and its supporting documentation violate the Information Quality Act, 44 USCS § 3516, et seq.; the Office of Management and Budget’s Guidelines for Ensuring and Maximizing the Quality, Objectivity, Utility, and Integrity of Information Disseminated by Federal Agencies, 67 Fed. Reg. 8452 (February 22, 2002) (“OMB Guidelines”); and the Guidelines for Ensuring and Maximizing the Quality, Objectivity, Utility, and Integrity of Information Disseminated by the Environmental Protection Agency (updated as of 2005) (“EPA Guidelines”).

INDIANAPOLIS, IN -- If you've been following the presidential campaigning of the older party candidates over the past several months, you've undoubtedly heard solution after proposal after more solutions and more proposals about preserving the environment, saving the world from global warming and decreasing carbon emissions.

No doubt, cap and trade will become the summer catch phrase of the campaign trail.

Robert Murphy, an economist with the Institute of Energy Research, presents the proposed cap and trade system in understandable libertarian terms. On the Institute's website, he writes:

As the U.S. Senate debates climate change legislation this week, many have proclaimed the virtue of its “cap and trade” system as a “market solution” to reducing carbon emissions. Nothing could be further from the truth.