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Say NO to Cap-and-Trade

Tomorrow’s Wall Street Journal will report “House Speaker Nancy Pelosi has scheduled a vote Friday on a sprawling climate-change bill, signaling the Democratic leadership's confidence that it can overcome objections from Farm Belt Democrats.” The Journal also wrote:

“Opponents and supporters of landmark climate legislation are ramping up their public-relations campaigns ahead of the planned vote. The Obama administration is pushing the measure as a job-creator, while critics, including many Republicans, are portraying the bill as an energy tax that could slow the economy.

“The legislation, co-sponsored by House Energy and Commerce Committee Chairman Henry A. Waxman (D., Calif.) and Rep. Edward Markey (D., Mass.), had stalled last week because of opposition from Farm Belt Democrats concerned their states will face heavier costs under the proposed law to curb greenhouse-gas emissions.”

We’ve growled before about this global warming legislation -- most recently on May 19 -- that would have negative impacts that could accumulate to over $133,000 per household by 2035.

Last week, the Heritage Foundation released a “web memo,” written by Daniella Markheim. She writes this energy legislation threatens American prosperity, saying:

“As the debate on climate change legislation moves forward, Members of Congress are diligently carving out exceptions and special benefits for favored groups of voters. Of course, higher energy costs will hurt all of their constituents, but Members are working hard to soften the blow for those whose political support they enjoy or need.

“Of singular concern is ensuring that U.S. firms hurt by the higher energy costs that Congress itself mandates will face minimal competition from foreign companies not hamstrung by similar domestic policy constraints. Knowing that the costs associated with cap and trade will send hard-pressed U.S. consumers and producers to lower-priced imports, some legislators seem keen on trade barriers as the easy solution--thereby raising the costs of foreign products and making them less competitive in the U.S. marketplace. For these legislators, the potential risks of global warming trump all other policy concerns, including the long-term prosperity of Americans. From their point of view, if protectionism in U.S. cap and trade becomes the standard for other countries to follow--or ignites a trade war with countries refusing to trade economic growth for curbs on emissions--all the better.”

Listen to Mark Levin explain the issue during his radio show this evening.

Call (202-225-4376 or write (using his “web form”) Rep. Jim Moran (D-Virginia) to voice your concerns.

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