CEI Today: New carbon tax bill, Germany & Euro debt, and the failed cybersecurity bill


Congressman Introduces Carbon Tax Bill


Today, Rep. Jim McDermott (D-Wash.) introduced the “Managed Carbon Price Act of 2012″ (MCP), a bill imposing a tax on carbon dioxide-equivalent  greenhouse gas (GHG) emissions from producers of coal, oil, and natural gas, refineries, and other covered sources. The MCP has roughly the same long-term goal as the Waxman-Markey cap-and-trade bill, the Copenhagen climate treaty, and California Assembly Bill 32 — an 80% emissions reduction below 2005 levels by 2050. > Read the full commentary on Globalwarming.org

>Interview Marlo Lewis


Forbes.com:Angela Merkel's Bismarckian Euro Diplomacy

German Chancellor Angela Merkel seems to be channeling her 19th century predecessor, Otto von Bismarck, in a striking way; engineering a diplomatic balancing act wrought with internal contradictions. Even as she seeks to placate anxious Southern European governments with bailouts, she steadfastly rejects the idea of common European debt known as Eurobonds. Her delicate strategy, like Bismarck’s, seems destined to suffer a tragic fate. Moody’s downgrade last week of Germany’s credit rating outlook signals that time is running out.  > View the full commentary at Forbes.com

>Interview Matt Melchoirre


August 2, 2012: Cybersecurity Bill Fails


This week, the Senate shot down a controversial cybersecurity bill that Associate Director of Technology Policy Studies Ryan Radia believes would have been a disaster for freedom of speech, property rights, and freedom of contract.


>Listen to the podcast

> See related: Cyber bill shouldn’t gut private contracts



>Interview Ryan Radia



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