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To promote the development of alternative fuels, which unfortunately cost a pantload, Congress in 2007 expanded the tax credit for using non-fossil fuels, offering firms 50 cents a gallon to blend renewable fuels such as ethanol with traditional fossil fuels like diesel.
The Environmental Protection Agency plans to propose regulating greenhouse gas emissions on the grounds that these “pollutants” pose a danger to the public’s health and welfare, The Washington Post reported Friday.
President Barack Obama has been shockingly upfront about his heavy-handed plans to govern energy production across the country from Washington, D.C. His plan is known as cap-and-trade, but it amounts to a new national energy tax that will be detrimental to consumers’ pocketbooks at the worst possible time.
Underlying Barack Obama’s support for bailing out the U.S. auto industry has always been the notion that federal bureaucrats and environmentalists know better than Detroit executives what kind of cars should be on the market.
May “you live in interesting times.” Many assume this saying is an ancient Chinese curse, or blessing, depending on how you look at it.