Cap-and-Trade - Say Hello to Higher Energy Bills
IF MJ hadn't died this would probably be all over the news. I'm guessing most Americans don't even know what cap-and-trade even is.
What really pisses me off is this:
AND even more so:
The CBO analysis estimated that the bill would cost an average household $175 a year; the EPA put it at between $80 and $110 a year.
Republicans questioned the validity of the CBO study and noted that even that analysis showed actual energy production costs increasing $770 per household. Industry groups have cited other studies showing much higher cost to the economy and to individuals.
Yes, I want to pay for someone else's even higher energy bills.
But Democrats argued that much of the impact on taxpayers would be offset by other provisions in the bill. Low-income consumers would qualify for credits and rebates to cushion the impact on their energy bills.
They talk about all the jobs that this will "create", but what about all the jobs this will eliminate?