A bipartisan coalition in Congress is going after a European Union scheme to impose carbon taxes on Americans flying to and from Europe, overwhelmingly approving a bill to stop the “illegal” tax. The EU’s CO2 regime is so unpopular that governments around the world and even the United Nations have also asked the bloc to back down.
With public acceptance of the theory of manmade global warming steadily waning, a new book that exposes the shoddy “science” peddled by the UN’s Intergovernmental Panel on Climate Change (IPCC) is offering further proof that there is little reason to give credence to the “doomsday” threats issued by globalists and environmental extremists.
On Wednesday, the state of North Dakota joined several power cooperatives in filing a lawsuit against the Attorney General of the neighboring state of Minnesota over Minnesota's restrictions on emissions from out-of-state electricity generators.
The days of tax-free Internet shopping may soon be coming to an abrupt end, if two Republican senators have their way.
Sens. Mike Enzi of Wyoming and Lamar Alexander of Tennessee are currently preparing to introduce new legislation that would allow states to force Amazon.com and other out-of-state online retailers to collect sales taxes. Their bill has the backing of several key corporate retailers, including Wal-Mart Stores, Best Buy, Home Depot, and other companies that are currently required to collect sales taxes. At issue is whether online retailers should have to collect sales taxes in states where they’re making sales. Currently, online shoppers are supposed to report purchases for tax purposes but usually don’t.
As an investigation unfolds over a controversial U.S. Department of Energy (DOE) loan guarantee program, another "green" loan recipient lingers at the brink of financial collapse. Massachusetts energy firm Beacon Power Corporation, which develops "flywheel-based" energy storage systems, filed for bankruptcy Sunday after receiving a $43 million Energy Department loan guarantee in August 2010 — only months after taxpayers were put on the hook for a $535 million loan guarantee granted to the now-defunct solar energy company Solyndra.