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In past nuclear cooperation agreements, the US has required nations to commit to not enriching uranium and opening nuclear sites to inspections. The Obama administration has just done away with the requirement. Congress needs oversight to combat this possibility of nuclear proliferation.
Waxman-Markey is a bundle of contradictions.
As the House plans to vote on the legislation, AEI energy and environmental scholars find many problematic elements within the proposed bill, and all note that this legislation consists, at its core, of a cap and trade program for greenhouse gases.
The Shays-Markey bill eliminating Fannie Mae and Freddie Mac's exemption from SEC registration is in the public interest, deserves support in Congress, and should be promptly adopted.
Many analysts have written about the innumerable problems with cap-and-trade, and most of the problems that have been predicted have found their way into the current cap-and-trade law working its way through Congress.
Congress can and should pass something similar to Rep. Marsha Blackburn's bill, which would prohibit the Environmental Protection Agency from regulating greenhouse gases under the Clean Air Act.
The Boxer-Kerry Cap and Trade Bill is a "tougher" bill than Waxman-Markey, requiring a greater reduction of GHG by 2020 -- meaning requiring the impossible.
The proposed cap-and-trade system would be a costly policy that would penalize Americans and have little effect on global warming.




