Wheat growers drop support of cap-and-trade

This evening President Obama will address a joint address of Congress to sell his health care reform plan. "ObamaCare" isn't the only controversial proposal on Obama's plate, the Waxman-Markey climate bill, better known as cap and trade, or the national energy tax, is another.

If this legislation becomes law, you will pay this tax--unless you don't use electricity.

House Democrats, knowing this bill is toxic, rammed cap and trade for a quick vote. The bill passed, 219-212.

It faces an uncertain future in the Senate. But it's not dead.

However, cap and trade lost a key supporter last week: the board of the National Wheat Growers Association. In a major reversal, it voted 26 to 2 on a resolution that states it is "opposed to greenhouse gas legislation or regulation that has a negative impact on production agriculture."

And that's not all. In an unamimous vote, the board voted to "remove existing resolutions relating to greenhouse gas regulation and an agriculture cap-and-trade program."

Sen. James Imhofe (R-OK) lauded the move:

I'm pleased that the organization representing the interests of wheat growers nationwide has reached the right conclusion: cap-and-trade legislation and potential EPA greenhouse gas regulation pose serious harm to farmers and rural America. In times of great hardship in rural communities across America, both of these approaches to addressing climate change will only bring further job cuts and economic decline. This new resolution marks an important step in the effort to defeat a cap-and-trade energy tax and EPA's misguided regulations.

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