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What is Cap and Trade? Can Cap and Trade
The cap is a legal limit set on one type of air pollution. |
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helps us preserve and not to destroy Earth - as we know it - A good environmental education helps us to understand and to deal with coming changes and challenges. Education helps us to protect our families! Cap and Trade a ‘Declaration of War,’ Say Republicans Friday, May 01, 2009 By Josiah Ryan, Staff Writer The congressional Democrats’ cap-and-trade plan to tax carbon emissions could cost every American family as much as $3,100 a year and is equivalent to a “declaration of war on the Midwest,” Republican lawmakers told CNSNews.com But Democrats disputed the Republicans’ cost figure and said the plan can be accomplished without imposing a net cost on the American people. In general, under cap and trade, the amount of carbon that energy producers emit is capped. They can exceed that cap through the purchase, i.e., “trade,” of carbon permits. The money for those permits would be collected by the government and presumably redistributed under a system still being crafted. “The reality is the cap-and-trade legislation offered by the Democrats amounts to an economic declaration of war on the Midwest by liberals on Capitol Hill,” Chairman of the House Republican Conference Mike Pence (R-Ind.) “It's pretty clear that we are going to increase costs on every American with this plan -- and the other thing we need to keep in mind is the millions of American jobs we are going to put at risk if we impose this new tax on American industry when our competitors around the world will not,” House Minority Leader John Boehner (R-Ohio) |


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