CEI Weekly: Sarbox in Court, EPA Ruling on Gases, and Copenhagen

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
December 11, 2009

>>Sarbanes-Oxley Taken to Court
The Sarbanes-Oxley Act was taken to the Supreme Court on Monday in the case Free Enterprise Fund v. Public Company Accounting Oversight Board. The Wall Street Journalhas written that the implications of this case could set the precedent of appointing unaccountable economic regulators. CEI’s John Berlau has argued that the repealing of Sarbanes-Oxley would provide a tangible stimulus to small business.

>>Legislators Meet at Copenhagen to Decide Global Warming Action
As legislators begin to met at Copenhagen, Climategate still calls into question the science behind global warming. CBS’ Declean McCullagh, in his article, writes that the controversy caused by Climategate calls into question the premise of Copenhagen’s attempt create new tax regimes in developed countries to curb CO2 output. CEI’s Myron Ebell has called the meeting “a big echo chamber.”

>>EPA Rules Greenhouse Gases Poses Health Risks
The EPA ruled on Monday that greenhouse gases like carbon dioxide and methane are harmful will be regulated. However, CEI plans to take legal action against the ruling on the basis that the evidence that the ruling relies upon is flimsy and the economic implications are deleterious.

>>Shaping the Debate
Did Deregulation Cause the Great Recession
Ryan Young’s op-ed in RealClearMarkets.com

An EPA Power Grab
Iain Murray and Marlo Lewis’ op-ed in the New York Post

Congressional Misdiagnosis
Greg Conko and Kevin Hilferty’s On-Point study at CEI.org

>>Best of the Blogs
Global Warming Alarmists Continue Their Exploitation of Children
by Fran Smith
This, I think, has to go down as one of the creepiest “editorials” written by global warming alarmists recently. Clive Hamilton, ABC News in Australia’s public “intellectual,” has an open letter to the child of someone who works for the fossil fuel industry. Here are some selections:
“Hi there, There’s something you need to know about your father. Your dad’s job is to try to stop the government making laws to reduce Australia’s carbon pollution. He is paid a lot of money to do that by big companies who do not want to own up to the fact that their pollution is changing the world’s climate in very harmful ways.”

Maryland Doesn’t Stand in Casino’s Way
by Michelle Minton
While it is certainly is good news that the state of Maryland hasn’t denied permission to developers hoping to install slots in a new casino planned in the Anne Arundel Mall, the rationale on which the decision was based and the fact that they require permission at all is deplorable. The amount of tax revenue and number of jobs that a new casino could generate for the state should not be the basis for government getting out of the way of private business owners. The government should not be in the way in the first place.

EPA Moves to Bypass Climate Change Legislation
by Michael Fumento
While climate experts were off at the Copenhagen summit working on their tans (in sunny Copenhagen), the EPA pulled a fast one. As the Washington Post noted in an article that was actually quite good in providing the negatives, the agency formally announced that six gases, including carbon dioxide and methane, pose a danger to the environment and the health of Americans and said it would begin drafting regulations to reduce those emissions.

>>LibertyWeek Podcast
Episode 72: Champagne Wishes and Climate Change Dreams
We begin with UN climate hypocrisy in Copenhagen, presidential arm-twisting on health care and a cloudy look at government transparency. We conclude with the end of the tobacco road in Virginia and scandal of banking and nepotism in Venezuela.

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Charles Huang

Web and Media Associate

Competitive Enterprise Institute

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