Because it's a bad idea, the phrase "cap and trade" has become toxic. After a cap and trade bill narrowly passed the House last summer, Americans realized the truth, cap and trade is really a national energy tax that you would pay every time you flick on a light switch.Stung by the truth, senators John Kerry (D-MA) and Sen. Joe Lieberman (I-CT), who caucuses with the Democrats, yesterday unveiled the American Power Act. It was rolled out with specious promises that millions of green jobs will be created that. Spain tried the green path to create jobs, its unemployment rate is over 20 percent. The Congressional Budget Office is already skeptical about the claims that this bill will create jobs.
Let's pull the plug on the American Power Act.
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John Kerry 
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