H.R. 2454 calls for a “cap and trade” system for the regulation of greenhouse gases, and is in essence, a tax that will drive up energy costs across the board.
Independent experts estimate that in the next eight years the legislation will take $2 trillion dollars from our economy, redistributing it to powerful, favored institutions through a complex regulatory scheme with standards that are impossible to meet, as has been found in other countries with similar systems in place. Actually doing so would set our economy back over 130 years to 1875, the last recorded time our carbon-emissions met the legislation’s goals. Continue reading Cap And Trade or Energy Tax
