Today’s Calamity: A Call for Transparency

Nicolas Loris /

Cap and Trade Calamities

As you read this, the Environmental Protection Agency is modeling the economic impacts of a semi-draft form of the Boxer-Kerry cap and trade legislation. “Environment and Public Works Chairwoman Barbara Boxer said a bill EPA is analyzing should be marked up in her panel by the second week in November. An EPA official said the agency has pledged to deliver the cost analysis Friday, in time for a three-day set of hearings starting Oct. 27.”

We’d do it too. But we can’t. According to Congressional Quarterly, the senators “produced a ‘semi-final draft’ of the legislation — including the critical formula for distributing billions of dollars’ worth of pollution credits to different industries and interest groups.” But that draft is unavailable to the public. It has only been given to the EPA to model the economic impacts.

President Obama, in his memorandum for the heads of executive departments and agencies, wrote that “Government should be transparent. Transparency promotes accountability and provides information for citizens about what their Government is doing. Information maintained by the Federal Government is a national asset. My Administration will take appropriate action, consistent with law and policy, to disclose information rapidly in forms that the public can readily find and use.”

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