[steveab]

This CO2 Cap and Trade tax is not dead. It's in the Energy Bill. This Tax will make payroll tax look like child's play.
The CEO of AEP on CNBC stated CO2 Cap and Trade will increase of cost of electric from $.04 to $.07 per KWH and that is only “if” the government gives the permits away for free.
Here the kicker. If someone wanted to start a new business that will use a lot of energy, they would need to get CO2 permit from the government. What happens when all the CO2 permits are already allocated? If you are a widget maker, all your future competition has been eliminated inside our borders. Under Co2 Cap and Trade, the existing widget maker is hoping to eliminate competition from out side our borders. CO2 Cap and Trade Tax must not pass.

[dannyboy72a]

Interesting thesis. Worth further examination.