By Institute for Energy Research ——Bio and Archives--July 22, 2010
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“Over the last several years, Congress has repackaged, renamed and rebranded carbon capping legislation. Executives, lawmakers and lobbyists spent untold hours crafting backroom deals and special interest carve outs. Anti-energy activists protested, threatened and twisted arms. But still, the American people saw through their efforts and fought back. And despite the extreme makeovers–from cap-and-trade to carbon pricing to carbon caps—the national energy tax is finally dead…for now. “Today’s announcement is proof positive that Congress does itself no favors if it underestimates the American people. We won’t be fooled by Capitol Hill spin or marketing schemes—especially when it comes to our families’ budgets, jobs or the health of the economy. Across the country, as Americans made their voices heard, Congress finally listened.”
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The Institute for Energy Research (IER) is a not-for-profit organization that conducts intensive research and analysis on the functions, operations, and government regulation of global energy markets. IER maintains that freely-functioning energy markets provide the most efficient and effective solutions to today’s global energy and environmental challenges and, as such, are critical to the well-being of individuals and society.