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CEI Weekly: CEI Testifies Against Cap and Trade

CEI Weekly is a compilation of articles and blog posts from CEI’s fellows and associates sent out via e-mail every Friday. Also included in the Weekly newsletter is a brief description of CEI’s weekly podcast and a feature on a major CEI breakthrough made during the week. To sign up for CEI Weekly, go to http://cei.org/newsletters. CEI Weekly October 30, 2009 >>Iain Murray Testifies in Senate About Cap-and-Trade Failures in Europe Iain Murray testified on Thursday, Oct. 29th, in front of the Senate Committee on Environment and Public Works concerning the "Clean Energy Jobs and American Power Act." His testimony recounts his experience with European countries which have similar cap-and-trade policies like the one proposed in the act. -Read his testimony at CEI.org. -Read Marlo Lewis' Written Testimony on the national security risks involved in passing the Clean Energy Jobs and American Power Act. >>Shaping the Debate The Administration's Flu Fear-Mongering Michael Fumento's op-ed in the Investor's Business Daily Let the State Choose Your TV William Yeatman's op-ed in the Orange County Register Sure, Just What We Need: Yet Another Regulatory Government Agency Jonathan Moore's Letter to the Editor in the Boston Globe >>Best of the Blogs My Power Company Wants to Sell Me Climate Indulgences by Ivan Osorio The scheme appears simple enough. The mailer says, “When you sign up for Dominion Green Power, you add a little extra to your monthly bill which Dominion will use to purchase certified renewable energy certificates on your behalf.” And what does the consumer get in return? Well, that’s a good question. Dominion’s Green Power Web page features a video that features a family that “pays an extra 1.5 cents per kilowatt hour, and the money is used to purchase renewable energy certificates to support green energy development through a vendor called 3 Degrees.” And what does 3 Degrees actually do? "Saving" Jobs Isn't Always Good by Michelle Minton The Obama administration is patting itself on the back for saving the jobs of thousands of educators by doling out stimulus funds earlier in the year. . . When it comes to your child’s education, does that really seem like such a bad thing-should every teacher good or bad continue to teach? That is what the White House and the Dept. of Education assert when they pat themselves on the back for “creating” and saving 250,000 education jobs. Not only are they retaining many school-workers who, perhaps, deserve to be let go, but they are also preventing the emergence of a private market for education. Reps. Maloney and Adler Push True Bipartisan Stimulus - Sarbanes Oxley Relief by John Berlau Led by Democratic Reps. Carolyn Maloney of New York and John Adler of New Jersey, two amendments will likely be introduced to the Investor Protection Act that would truly stimulate the economy by partially liberating investors, entrepreneurs and innovators from the shackles of a seven-year-old “investor protection” law that has added billions in costs while providing little if any benefits to investors and doing nothing to prevent the recent financial crisis: the Sarbanes-Oxley Act of 2002. >>Liberty Week Podcast Episode 66: The War on Commerce We start with the lobbying war over net neutrality rules, Sen. Kerry’s search for a cap-and-trade legacy and a campaign finance scandal from Japan. We then move on to the White House’s War on Commerce and the allegedly immoral profits in the healthcare insurance industry. >>Support CEI Like what you read? The Competitive Enterprise Institute’s 25-year record of success is made possible by our over 3,000 supporters. Make sure to stop by www.cei.org/support and make a donation to continue your support or become a supporter. Curious about all the possible ways to donate to CEI? Contact Al Canata at acanata@cei.org or 202-331-2280 to find out more. Charles Huang Web and Media Associate Competitive Enterprise Institute chuang@cei.org http://www.cei.org http://www.openmarket.org 202-331-1010