New Climate Bill – Guaranteed To Increase CO2 Production
From Disneyland on the Potomac another ill conceived environmental bill, the "American Clean Energy and Security Act" which will virtually guarantee that global carbon dioxide (CO2) levels increase at faster rate. In the process we will also eliminate over 3 million American jobs.
President Obama has chosen to placate his left wing base by promoting the "Waxman-Markey global warming bill" over his stated goal of creating new jobs. A study by Charles River Associates concluded that if Obama signs off on this Congressional proposal to reduce CO2 emissions, it would have a serious impact on the availability and cost of energy. "By 2025, just 16 years from now, the cost of natural gas would rise 56%, electricity 44% and motor fuel 19%. Annual household purchasing power would annually decline by… Continue reading | 12 Comments