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How 'cap and trade' would affect your energy bill
One News Now ^ | 9/9/2009 | Pete Chagnon

Posted on 09/09/2009 5:01:51 AM PDT by IbJensen

The Heritage Foundation is making available a state-by-state analysis of climate legislation impact.

Opponents have long argued that enacting the Waxman-Markey energy bill could cost Americans thousands of dollars per year in the form of higher energy costs. Under the bill, Congress would establish a system to cap and then trade carbon emissions from energy companies and businesses. Sometimes referred to as "carbon cap-and-tax," opponents claim that the so-called carbon tax levied on businesses under the bill will be passed off to consumers.

Jack Spencer with The Heritage Foundation says his organization has taken the bill and has done a state-by-state cost analysis.

"You can go on our website, click on your state, and find out how it is going to cost you between $3,000 and $4,000 more per year, how your gasoline prices are going to increaseJack Spencer (Heritage) nearly 60 percent, and how your electricity prices are going to double -- all of these kinds of things for your state specifically, and a lot of times for your industry," he explains.

(Excerpt) Read more at onenewsnow.com ...


TOPICS: Constitution/Conservatism; Crime/Corruption; Government; News/Current Events
KEYWORDS: capandtrade; energy; hvac; waxmanmarkey
...a state such as Michigan that has been severely affected by the recession could see an additional 39,000 jobs lost, electricity rates rise by over $400 per household, and gasoline prices increase by 72 cents/gallon ...

This is your Obama government at work, Americans, shoving the middle class into soviet-style poverty.

1 posted on 09/09/2009 5:01:51 AM PDT by IbJensen
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To: IbJensen

Heating/cooling is only a minor inconvenience compared to food prices/availability. If cap & trade is passed we’ll go from a net exporter to importer of food in less than a decade. Instead of being only energy dependent we’ll also be food dependent. As low bidder on the global food market we’ll get to choose from the bottom of the barrel. All thanx to the loony party and RINOS. Will anyone consider how we went from a super power to whimpering has been? I’m sure the MSM won’t go there. Our vaulted leaders are a pack of babbling fools bent on their own destruction and ours. I’m determined not to follow them over the cliff.


2 posted on 09/09/2009 5:10:06 AM PDT by 556x45
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To: 556x45

/bump


3 posted on 09/09/2009 5:12:14 AM PDT by MaxMax (Don't stop them when they're imploding, just step out of their way)
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To: 556x45
Will anyone consider how we went from a super power to whimpering...

All due to our one party political system.

4 posted on 09/09/2009 5:13:44 AM PDT by IbJensen (If Catholic voters were true to their faith there would be no abortion and no President Obama.)
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To: IbJensen
Anyone read this link on Drudge: Obama to seal US-UN relationship; First American president to chair Security Council... (climate change will be discussed)
5 posted on 09/09/2009 5:17:36 AM PDT by cake_crumb (86 44! (Impeach Obama!))
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To: cake_crumb
Yes I saw it.

Our nation is so screwed thanks to the Republicrat Party putting up a simpering, hoarse-whispering numbskull globalist.

We always expect the Democrap Party to put up communist, America-hating candidates, but the Republicrats did their 'across-the-aisle' buddies proud.

6 posted on 09/09/2009 5:39:19 AM PDT by IbJensen (If Catholic voters were true to their faith there would be no abortion and no President Obama.)
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To: IbJensen

This study doesn’t even take into consideration, the effects of the constant devaluation of the dollar. It projects gas at $4.50 a gallon in 2035??? That’s a bargain! With everything else Obama and Congress is doing to us, I project gas at $24.50 by 2035. I also predict that our wages and salaries will not keep pace with this inflation. I wonder if I could make a living doing stuff like this? Nevermind, people don’t like hearing the truth...


7 posted on 09/09/2009 5:50:47 AM PDT by Dixie Yooper (Ephesians 6:11)
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To: IbJensen
...opponents claim that the so-called carbon tax levied on businesses under the bill will be passed off to consumers.

All good libtards know that those big corporations have a gigantic overflowing treasure chest hidden away just for paying tax increases. No way they would pass it on to the consumer.

8 posted on 09/09/2009 6:07:29 AM PDT by CPOSharky (Pay cash and live. Or die waiting for the gov's "free" care)
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To: IbJensen

While I shudder to think of how cap and trade will affect average Americans, perhaps it should pass with no Republican votes. The results would effectively make Democrats a minority party for decades.


9 posted on 09/09/2009 7:38:14 AM PDT by The Great RJ ("The problem with socialism is that you eventually run out of other people's money." M. Thatcher)
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To: IbJensen; Defendingliberty; Genesis defender; WL-law; Normandy; TenthAmendmentChampion; FrPR; ...
 



Beam Me to Planet Gore !

10 posted on 09/09/2009 7:20:30 PM PDT by steelyourfaith ("Power is not alluring to pure minds." - Thomas Jefferson)
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