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Berkshire Hathaway Energy Chair: House Bill Will Add $120 Tax on Monthly Electric Bill
businessandmedia.org ^ | June 9, 2009 | Jeff Poor

Posted on 06/09/2009 5:45:47 PM PDT by Rufus2007

Don't think that cap-and-trade legislation comes at a cost? Well, think again.

In a June 9 interview on Bloomberg as the U.S. House of Representatives was considering the Waxman-Markey bill, David Sokol, chairman of Berkshire Hathaway Inc’s (NYSE:BRK.A) MidAmerican Energy Holdings and a contender to succeed Warren Buffett as Berkshire Hathaway’s CEO, explained capping carbon dioxide (CO2) would be a policy decision his industry would deal with, but trading emission credits was another matter.

“Let me break it in two parts,” Sokol said. “The caps – trying to reduce CO2 by 83 percent by 2050 and then some interim steps – if that’s government policy, we’re fine with that and we will achieve that through our utilities, and that’s a huge cost unto itself. But again, that’s policy and if that is the policy of the land.”

...more (w/video)...

(Excerpt) Read more at businessandmedia.org ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: agw; capandtrade; globalwarming; warrenbuffet; warrenbuffett
A Warren Buffet guy coming out against cap-and-trade. Wonder if anyone will notice...
1 posted on 06/09/2009 5:45:47 PM PDT by Rufus2007
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To: Rufus2007

Hey, come-on, do your patriot duty, step up to the plate, give the gov more money - what is wrong with you.


2 posted on 06/09/2009 5:50:05 PM PDT by edcoil (Reality doesn't have to say much.)
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To: Rufus2007

Warren has proven to be an Idiot!

The suger from all his Coca Cola has rotted his brain.


3 posted on 06/09/2009 5:50:14 PM PDT by ncfool
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To: Rufus2007

I think it’ll be worse.


4 posted on 06/09/2009 5:50:29 PM PDT by BlackjackPershing (“The patriot's blood is the seed of Freedom's tree” - Thomas Campbell (Scottish poet))
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To: Rufus2007

Add another $120 to your power bill and add $2.50 a gallon to gas.


5 posted on 06/09/2009 5:55:10 PM PDT by Blood of Tyrants (Socialism is the belief that most people are better off if everyone was equally poor and miserable.)
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To: Rufus2007

If these evil Democrats in Washington get all the tax increases they want, they will send the country into a depression that will make the last depression look like a picnic.


6 posted on 06/09/2009 6:04:38 PM PDT by webschooner
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To: Rufus2007

Last I checked, electric service was not mandatory. I will go ZERO emissions and discontinue service and give myself a raise and avoid the Green Tax.
I will not pay a Carbon Tax.......I will re elect NO ONE if it passes Congress.
You’re FIRED .


7 posted on 06/09/2009 6:09:47 PM PDT by 4Speed
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To: Rufus2007; According2RecentPollsAirIsGood; TenthAmendmentChampion; Horusra; Delacon; CygnusXI; ...
 


Beam me to Planet Gore !

8 posted on 06/09/2009 6:53:30 PM PDT by steelyourfaith ("The problem with socialism is that you eventually run out of other people's money" - Lady Thatcher)
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To: 4Speed

If this passes, many homes will either go Amish OR install their own power generation to not need to pay for electricity.


9 posted on 06/09/2009 6:55:47 PM PDT by tbw2 (Freeper sci-fi - "Humanity's Edge" - on amazon.com)
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To: Blood of Tyrants
Add another $120 to your power bill and add $2.50 a gallon to gas.

Excuse me?
That's more than my monthly entire electric and gas bill for each of the last three months!

10 posted on 06/09/2009 8:14:39 PM PDT by Publius6961 (Change is not a plan; Hope is not a strategy.)
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To: tbw2
If this passes, many homes will either go Amish OR install their own power generation to not need to pay for electricity.

What makes you think that self-generated power is immune from taxes? Get real.

11 posted on 06/09/2009 8:16:44 PM PDT by Publius6961 (Change is not a plan; Hope is not a strategy.)
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To: Publius6961

If you don’t have an electric line connected to your home, how will you be billed for it?


12 posted on 06/09/2009 8:32:52 PM PDT by tbw2 (Freeper sci-fi - "Humanity's Edge" - on amazon.com)
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To: Publius6961

And your point is.....?


13 posted on 06/10/2009 6:16:45 AM PDT by Blood of Tyrants (Socialism is the belief that most people are better off if everyone was equally poor and miserable.)
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