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The Competitive Enterprise Institute Daily Update

Daily Update

Title

The Competitive Enterprise Institute Daily Update

Issues in the News

 

1. ENVIRONMENT

Delegates to a United Nations global warming conference defend the U.S. record on climate change.

CEI Expert Available to Comment: Director of Global Warming Policy Myron Ebell on last year’s climate pact with several Asian nations:

“Despite some diplomatic language about the agreement not replacing the Kyoto Protocol, this new approach to managing greenhouse gas emissions by some of the world’s largest energy-consuming nations clearly rejects Kyoto’s inflexible, economically destructive approach. Whatever the challenges future climate change may bring, a focus on new technologies and robust economic growth will always be our best strategy.”

 

2. HEALTH

A new report on childhood obesity finds waist sizes rising among kids in the U.S.

CEI Expert Available to Comment: Adjunct Analyst Steven Milloy on the relationship between obesity and consumption of sugar-sweetened soda:

“’Americans have sipped and slurped their way to fatness by drinking far more soda and other sugary drinks over the last four decades, a new scientific review concludes,’ reported the Associated Press this week. It’s too bad that the AP didn’t report the full story as told -- and yet, not told -- in the review itself, rather than apparently just regurgitating the researchers’ media release.

 

3. BUSINESS

The American Institute of Certified Public Accountants holds a national conference this week in Washington, D.C.

CEI Expert Available to Comment: Economics Policy Fellow John Berlau and Special Projects Counsel Hans Bader on the unconstitutional elements of federal accounting regulation:

 

“The Sarbanes-Oxley Act of 2002 created a powerful quasi-private agency to oversee the auditing of American business, the Public Company Accounting Oversight Board (PCAOB).  The PCAOB is responsible for a mountain of red tape, and its broad interpretation of Sarbanes-Oxley's rules on what constitutes a company's "internal controls" is costing the U.S. economy billions of dollars every year.”