Monday, June 29, 2009

Cap and Trade Legislation

As you can see my last few posts have dealt with Cap and Trade legislation and global warming. As we are all aware this legislation passed in the U.S. House this past Friday. This legislation is nothing more than a tax on "non-green" energy that will be passed down to the American taxpayer. It is a fact of life that when the cost of business increases then the price of goods increases. I urge everyone to contact their Senators and ask them not to support this legislation. The following are talking points you can use;

The fact that global warming is caused by man-made factors is unproven. Several studies support this position. Several studies also indicate that the earth is cooling instead of warming.

Cap and Trade legislation will result in higher costs to any American company that uses energy and as a result these costs will be passed on to the American consumer at a time when we can least afford it.

Higher energy costs will limit spending by consumers. This spending is ultimately needed to jumpstart our economy.

Higher costs of American made goods could in turn cause lower priced foreign goods to seem more attractive to consumers which would adversely affect American companies and cost many Americans their jobs.

Cap and Trade mandates could cause American companies to relocate to countries that do not have this legislation which willl in effect cause the loss of more American jobs.

At this time green energy technology is not affordable to lower and middle income Americans and has yet to become a feasible alternative to fossil fuels.

I am a firm believer that we should take care of our environment and become energy independent. I also feel that green energy sources are the future, but I feel as if this legislation has been rushed and does nothing to assist the American consumer or the environment.

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