Friday, December 21, 2007

Senate Report on Global Warming

Over 400 prominent scientists from more than two dozen countries recently voiced significant objections to major aspects of the so-called “consensus” on man-made global warming. These scientists, many of whom are current and former participants in the UN IPCC (Intergovernmental Panel on Climate Change), criticized the climate claims made by the UN IPCC and former Vice President Al Gore.

The new report issued by the Senate Environment and Public Works Committee’s office of the GOP Ranking Member details the views of the scientists, the overwhelming majority of whom spoke out in 2007.
+ Full Report

Thursday, December 13, 2007

Annual Energy Outlook 2008

The Annual Energy Outlook 2008 (Early Release)-(AEO2008), from the Energy Information Administration (EIA), includes several important changes from earlier AEOs to better reflect trends in the economy and energy markets that are expected to persist. Energy markets are changing in response to the higher energy prices experienced since 2000; the greater influence of developing countries on worldwide energy requirements; recently enacted legislation and regulations in the United States; and changing public views related to the use of alternative fuels, emissions, and the acceptability of various energy technologies, among other factors.





Source: Energy Information Administration

Thursday, December 6, 2007

Fiscal Survey of States

Fiscal Survey of States
In a report released today, Fiscal Survey of States , the National Governors Association and the National Association of State Budget Officers found that while most states experienced healthy revenue growth during fiscal 2007, some states already have seen significant deterioration of their fiscal conditions and expect revenue and expenditure growth to slow significantly in fiscal 2008. States expect continued expenditure pressures from a variety of sources, including increased funding demands related to health care and Medicaid and to long-term challenges such as demographic shifts, employee pensions and infrastructure. In addition, most states will feel the pinch of the nation’s weakening housing market, both directly from lower sales tax revenues and indirectly as local governments struggle with declining property values and decreasing property tax revenues. Source: National Governors Association/National Association of State Budget Officers