Unless the science of teleportation is found to be feasible, a national gasoline tax, which is expected to be at the heart of an upcoming cap and trade bill, will add to the cost of everything. Because to get products from the factory, the farm, or the warehouse to a retail store, they have to be hauled there by a gasoline powered vehicle.It will cost you more to get to commute to work.
After narrowly passing in the House, public uproar killed last year's cap and trade bill.
But the energy tax is making a comeback. And the Prairie Stater is sounding the alarm.
In an interview with the Prairie Stater Phil Kerpen, policy director for the Washington, DC-based Americans for Prosperity organization, issued a stark warning for Illinois.As for man-made global warming, have Senators Kerry, Graham, or Lieberman heard of Climategate?
"If the resurrected Kerry-Graham-Lieberman Senate version of cap-and-trade, as expected, is as economically devastating as last year's Markey-Waxman House version, the impact in Illinois could be more than 100,000 lost jobs, a 50 percent jump in gas prices, and a 70 percent jump in natural gas prices," said Kerpen. "It would have a huge negative impact on the state's agriculture, manufacturing, and mining sectors."
The issue is expected to re-enter the political spotlight next week, as the senate version of the cap and trade legislation is set to be rolled out on April 26.
Oh, Happy Earth Day. For me it will be--Little Marathon Pundit has a field trip today, so she'll likely miss the annual indoctrination exercise at her school.
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climate change 
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climategate 
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cap and trade 
illinois 
Illinois Politics 
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