Raymond Richman - Jesse Richman - Howard Richman
Richmans' Trade and Taxes Blog
EPA regulation of carbon dioxide to begin January 2
Howard Richman, 12/13/2010
On January 2, President Obama's Environmental Protection Agency will start requiring that American industries use the "best available control technologies" to reduce carbon dioxide emissions. This action will:
- Hurt America's economic recovery because our exporting industries will face higher energy costs,
- Hurt American households because their electricity bills will rise, and
- Hurt American workers who will lose jobs due to higher business costs.
Congress needs to immediately revise the Clean Air Act in order to exclude carbon dioxide from possible consideration as a pollutant. Carbon dioxide is one of the three chemical compounds (along with oxygen and water) needed to sustain life on earth. It is not a pollutant.
Comment by guy gard, 12/16/2010:
that is a truly idiotic statement.
Response to this comment by Roger Taylor, 12/17/2010:
And why would that be? Presumably you are a believer in the CO2 is a pollutant crowd. The world has been cooling since 1997 and no phony stats from crooked outfits like the University of East Anglia who destroyed their raw data when exposed as media manipulators can make it otherwise. You and your kind are ideologically motivated which somehow fits in with your world view of the West being in need of taking down and the 3rd worlders to inherit the earth though somehow you also want to keep your fat salary in a State bureaucracy at the same time. Why don't your types who go around posing as "radicals" just grow up?
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- Richard Duncan: World Economy on the Brink of Disaster (in 5 to 10 years)
- In today's WSJ, Congressman Fred Upton opposes EPA carbon regulation
- Interview with Piers Corbyn
- Winner of this Year's Best Climate Predictor Award (Clue: It wasn't Al Gore) - we were published in American Thinker this morning
- A New Solar Plant Shows the Economic Dangers of US Commitment to Environmentalist Foolishness
- Winner of this year's 'Best Climate Predictor' Award
- The Irresponsible Tax Compromise
- Election Mandates, Party Principles, and the Tax Cuts
- Schwarzenegger's Sea Level Prediction, One Year Later
- Hubbard and Navarro advocate VAT and end to currency manipulation in new book
- UN bureaucracy being expanded by Cancun Climate Conference
- EPA regulation of carbon dioxide to begin January 2
- Will improved trade deficit of October be temporary?
- Bernanke to China: Stop Hurting Us or You'll Hurt Us -- We're published in today's American Thinker
- China's competitor to Boeing and Airbus
- Heartland Poll: Continued Public Support for Action on Trade
- Bernanke starting to catch up to Evans-Pritchard
- Debt and American Power
- American Economic Leaders keep giving Advice to China
- Bernanke has learned what Richard Duncan explained in 2005
- Tax Cut Unreality
- Mort Zuckerman: Western decline caused by trade & budget deficits
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- Victory in a War of Definitions
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- Great op-ed by Ken Davis and Will Wilkin about the Korea-US trade treaty in Samford Advocate on Wednesday
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- Currency Manipulation and Trade
- Uncle Sucker's Trade Deficit worsened in November
- Euro-Area Unemployment Rate Rises to new record of 11.8%
- Gore's Other Big Lie -- We're published in today's American Thinker
- Obama asking for more balanced trade with China
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- If not now, when?
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- Some recent academic papers on mercantilism
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- Costs of the Trade Deficit
- Ken McClenton: "The scaled tariff is a wonderful, wonderful idea!" -- listen to his interview with Jesse on The Exceptional Conservative radio show
- Morici: "Governor Romney is right. The United States must get tough with China"
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- Net Manufacturing Investment was a miniscule 0.18% of US GDP in 2011
- Recent Economic Research on Effects of Trade
- Of Housing Bubbles and Trade Deficits
- "Deficit Spending Doesn't Work, Balanced Trade Does" - we're published in today's American Thinker
- Romney: we do not have to accept "a huge and seemingly perpetual trade deficit with China"
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- Obama, Romney miss the elephant in the room -- Charles Campbell nails it in today's Baltimore Sun
- Another new low for US-China trade
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- Who's the real outsourcer, Romney or Obama?
- Now Korea is Cleaning Our Clock
- Mercantilism eats Free Trade
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- Commerce Department imposes tariffs on Chinese solar panels
- U.S. net exports fell in March
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- Why Lawrence Summers failed
- GM caves again -- will build Cadillacs in China
- Geithner thinks his failed trade policy was a success
- Obama's trade policy will be an issue in the coming election
- Morici on China's announcement to widen the daily trading range of the yuan
- China posts March trade surplus
- The strange notion that U.S. trade is balanced
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- China preventing Apple from selling legitimate iPads while permitting sale of knock-offs
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- US merchandise trade deficit with China set a new record in 2011
- Emmanuel Goldstein makes the case for our Scaled Tariff in his blog
- Growing trade deficit quashing recovery -- again!
- Romney ad hits Obama for letting China counterfeit US intellectual property
- Jack Davis commentary may have given Romney the win in Iowa
- Santorum emphasizes bringing back U.S. manufacturing in his Iowa victory speech
- China raises their 25% tariff on American-made cars
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- China to devote $1700 billion to new import-competition
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- Germany, the Euro and the Gold Standard
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- Senator Webb Introduces Bill to Combat Chinese Intellectual Property Grabs
- American Production of the iPod? Setting the Record Straight
- "What Would Keynes Do?" The Diagnosis is Right. The Solution?
- Will Obama Answer This Question
- Net U.S. manufacturing investment was 0.08% of GDP in 2010
- GM caves to demand that it give China its electric car technology
- Clyde Prestowitz: "We live in a world that is ... half free trade and half mercantilist"
- Obama correctly identifies one of the reasons for his economic failure!
- Pat Buchanan's history lesson about the trade deficits
- Why Obama's job speech failed
- Romney on Trade
- QE2 could have worked had Bernanke bought foreign currencies instead of Treasury bonds
- June trade data showed a worldwide slowing of business investment
- Gordon Chang: "The Chinese have a right to maintain mercantilist practices. Yet we have every right to counter them."
- Is Dark Horse McCotter the best Republican Candidate on Trade?
- Candidate Positions on Trade in the Fox News Debate 8/11/2011
- Asian central banks step up currency manipulations
- Will Asia Pull Back from the Dollar?
- U.S. Net Exports to China set record 12-month low in May
- Prof. Gomory On Our Need to Balance Our Trade With China
- Government procurement is a one-way street between U.S. & China
- Congress should reject the Free Trade Agreements unless a Balanced Trade Clause is added
- Economist Peter Navarro Accuses China of Unfair Trade Practices
- There Is a Trade Multiplier. There Is No Keynesian Multiplier
- Mark Steyn's explanation of our politically correct military policy also explains our trade policy
- Jed Babbin correctly identifies power as one of the goals of Chinese mercantilism
- Morici: Create jobs by ending Bush & Obama's "appeasement" trade policy
- Palin calls for balanced trade
- It Wasn't About Medicare: Jack Davis' Message for the Republican Party -- we're published in Enter Stage Right this morning
- U.S. Trade Deficit grows to $571 billion, driving GDP growth down to 1.8% in 1st Quarter
- Navarro's new book "Death by China"
- Obama gives China a free pass to continue currency manipulations
- Roubini: China is slowing the recovery in the U.S. & U.K.
- Trump rising rapidly in GOP polls
- The Korea Free Trade Agreement would Enable Korean Mercantilism
- Where's the Beef?
- Geithner thinks our trade problems with China are solving themselves
- Are China's coming reductions in import barriers a short-term or a long-term change?
- Rush Limbaugh apparently agrees with Donald Trump on China trade in March 1 interview
- Rising ChinaTrade Deficit Cost One-Half Million U.S. Jobs in 2010
- Donald Trump closing on leaders in Republican race
- G20 ministers again let China veto meaningful measures to address trade imbalances
- Did Geithner lean on U.S. regulators on behalf of the Chinese government in June 2009?
- France pushing G-20 deal to adress global imbalances
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- Donald Trump at CPAC
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- Hu Knows?
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- China rounds up the usual suspects
- Donald Trump calls for a 25% tariff on Chinese products
- AEA features Dismal Forcasts of America's Economic Future
- What do Obama's new top appointments have in common?
- Requiem to Roger Milliken and red-lentil stew
- The North American Unilateral Free Trade Agreement
- Proposed 'Scaled Tariff for Balanced Trade Act'
- Richard Duncan: World Economy on the Brink of Disaster (in 5 to 10 years)
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- EPA regulation of carbon dioxide to begin January 2
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- Bernanke starting to catch up to Evans-Pritchard
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- Bernanke has learned what Richard Duncan explained in 2005
- D.J. McGuire: Obama may be "best-equipped American leader to take the CCP on"
- Obama and the House can produce Economic Growth
- Paying the Piper
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- Obama's Failing Industrial Policy
- Just-elected Republican Congressman Allen West from Florida calls for tougher stance on Chinese trade
- Speak Loudly, but carry No Stick!
- Geithner calls for balanced world trade
- Geithner undercuts Bernanke's negative-interest rate plan
- Krugman: China is a "rogue economic superpower, unwilling to play by the rules ... What are the rest of us going to do about it"
- The 'Move Your Corporate Headquarters Offshore' Act -- We're published in today's American Thinker
- Democrats Increasingly Turning to Trade Theme
- European Central Bank calls for a fixed exchange-rate system
- Gomory calls for Import Certificates to balance trade
- Let's have an Honest Trade Debate
- Michael Savage proposes 20% tariff on Chinese products
- WTO Helping China Loot Caterpillar -- We're published this morning in the American Thinker
- Trade pacifism killing Canada's Economy, not just the U.S. economy
- China's 30% Tariff snags Caterpillar's Technology
- Japan is Back
- House Committee Pulls Teeth out of China currency bill
- Dan Dimicco's Sept. 15 testimony on Chinese Currency to the House Ways and Means Committee
- Committee Hearing reveals that Currency Bill is Too Weak
- How to strengthen the currency exchange rate reform bills
- Tonelson and Kearns: House Ways and Means will consider filing a China currency complaint with WTO
- Tonelson and Kearns: Trading Away the Stimulus
- U.S. Trade Deficit Still Growing
- Morici Proposes a Scaled Tariff Variant to Confront China
- Summers was given the royal treatment in China
- Summers heads to China to rescue U.S. recovery
- Commerce Department refuses to investigate Chinese currency manipulations
- Unions Divided on China Policy
- Unions Divided on China Policy
- Scott Paul: The Onshoring Trend is Phony
- Greg Richards: "We must be much more aggressive with mercantilist countries in enforcing the rules of the road so that we protect out production and technology."
- Barr McClellan: "Malaise has returned"
- Krugman: "We're in a world in which mercantilism works"
- Obama Fiddles while Economy Falters - We're published in the American Thinker this morning
- Dan Drezner gives Obama an "F" for his trade agenda
- We are in the persistent depression predicted by Keynes
- Economists still failing to understand the effects of mercantilism
- Trade Deficit Saps 2nd Quarter Growth
- Geithner's job is to finance federal government expansion
- Some criticisms of our Scaled Tariff proposal
- Congress busts the budget to create 90,000 manufacturing jobs
- The Scaled Tariff would Resuscitate the U.S. Economy
- Fed: Possibly 5 or 6 years before sustainable growth
- Michael Pettis: U.S. is "likely to be swamped by a tsunami of foreign capital"
- Trade deficit rises again in May
- Geithner's Three Currency Manipulation Reports
- Obama Touts his Failing Trade Policy
- The Currency Reform Bill Won't Work: What Should Replace It and Why
- Steven Pearlstein calls for direct action against mercantilism
- Obama's G-20 Summit Setback -- we're published in American Thinker this morning
- Seven Options for Tackling Trade with China
- China riggles off the hook
- Why is Washington's China rhetoric growing harsher?
- Congress plans ineffective action against Chinese mercantilism
- Is the Chinese government moving against Taiwanese and Japanese corporations?
- Yves Smith: "the US example show how a naive posture towards trade may not help its citizens"
- Bruce Bartlett: We should raise taxes to lower our trade deficits
- AFL-CIO's Trumka asks Obama for stronger action on China
- The global warmers' shell fish hoax
- One or more members will have to exit the euro zone to restore competitiveness
- Trade Deficit up again in March
- China uses industrial policy is to keep out US products
- Auctioning Import Certificates is consistent with WTO rules
- Pretend Free Trade vs. Balanced Trade -- The national debate kicked off on FoxNews yesterday
- China raises its tariff on some US nylon products to 96.5%
- Why we should tax interest earned by foreigners in the United States
- Congress passes foolish tax change that will increase US trade deficits
- China's temporary trade deficit largely due to stockpiling of commodities
- Geithner will Punt on China Currency
- Boston Globe spins nuclear summit as success
- Obama bows as Chinese President Hu stiffs him
- U.S. Trade Deficit up in February
- Smoot-Hawley did not cause the Great Depression
- Charleston Post Courier editorial advocates Buffett's Import Certificates to balance trade
- NPR explains Chinese currency manipulation
- Obama punts on Chinese currency manipulation
- USTR lists China's many barriers to American products
- Lies, Damn Lies, and Chinese Statistics
- U.S. Corporations not helping China avoid Krugman's tariff
- Sidney Sherman traces start of America's decline to giving away our manufacturing to Asia
- Volcker is realistic about China
- Carbon tax: Sarcozy backs off, Sen. Kerry pushes forward.
- Peter Morici: Our current China policy is "appeasement"
- China activates its Fifth Column
- Needed, a Cross-the-Board Tariff on Imports From China
- NY Times ignores China's R&D Rules
- Why Krugman's China Argument Matters
- Relative currency values are not static
- Obama's Trade Policy Agenda -- we're published in American Thinker this morning
- Krugman on China currency
- 130 Congressman sign letter to Treasury and Commerce Deptartments asking them to address Chinse currency manipulations
- Paul Krugman calls for 25% cross-the-board tariff on Chinese goods
- What is the real reason why the Obama administration won't do anything about China?
- Washington Post: There's nothing that we can do about Chinese mercantilism
- U.S. exports down in January
- GreenJobsGate
- British exports see biggest fall in three years
- Heritage Foundation's Terry Miller claims Obama is a mercantilist
- Trading Away Productivity - Tonelson and Kearns in March 5 NY Times
- Unemployment report shows stagnant economy in February
- Commerce Dept. sets miniscule tariff on Chinese glossy paper
- Obama: 'It's very hard to ship windows from China'
- Bipartisan group of fifteen senators call upon Commerce Department to investigate China's currency manipulations
- Pfizer moving R&D from Connecticut to China
- Obama giving US R&D to China - we're published in today's American Thinker
- A Review of W. Raymond Mills "Toward Managed Trade"
- IMF Reconsiders Capital Controls Opposition
- Chin'a not selling. China's Buying
- US Companies Required to move Research Centers to China
- Nicholas Lardy: Obama "trying “trying to head off critics in Congress who think the administration is lying down in front of the Chinese"
- Peter Morici: Open Trade is Failing America
- "Playing Chicken with China" - we're published in today's American Thinker
- ABC News on Green Stimulus Jobs Going to China
- Restore American Jobs and Do It Quickly
- No growth in US goods exports to China in 2009
- Obama's China strategy
- Summers says everything is fine in our China relationship
- China is Playing Chicken with Obama
- Judith Stein: US reliving the 70s when we gave away our steel industry
- Kenneth R. Davis: Buffett Plan would make the WTO irrelevant
- Peter Morici's Currency Conversion Tax to End Mercantilism
- Ha-Joon Chang takes on Free Trade in his book The Bad Samaritans
- Ralph Gomory: The time has come to take Warren Buffett's Import Certificates plan seriously
- Google Has Its Rosa Parks Moment -- I'm published by Seeking Alpha today
- Larry Ringler: Google's courage may turn the tide in our dealings with China
- Peter Navarro writes commentary on China's industrial espionage
- Doha Round stalls over US demand that India and China open their markets
- Peter Morici: Free Trade is Failing America
- Calla Wiemer misunderstands Chinese mercantilism in Wall Street Journal
- Levy Economics Institute's analysis of Import Certificates to balance trade
- US wins WTO appeal on China's non-tariff barriers against US movies, music, and games
- Prof. Krugman and Chinese Mercantilism
- China agrees to modify export subsidies
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