The Senate voted 89-8 to "bar any legislation under the budget that resulted in higher costs for gasoline or electricity." But this is the ONLY point of a Cap-and-Trade system, higher prices to encourage conservation--in effect, a sales tax.
Barbara Boxer, Environment and Public Works Committee chairwoman, accused her conservative critics of inventing a “new vocabulary” to portray climate legislation as a national energy sales tax.
Soon they will be creating subsidies to offset the effects of the higher energy prices.
No comments:
Post a Comment