Another View of Cap-and-Trade
- Jul 7, 2009 -
In a recent narrow 219-212 vote, the House of Representatives approved what many called the largest potential tax increase in American history in an attempt to control the world’s thermostat. The Waxman-Markey Cap-and-Trade bill, which runs to more than 1,300 pages, restricts industries to specified amounts of greenhouse gases and other carbon emissions they can discharge. The bill, which some say gives little promise of impacting the climate as promised, passed with support from 211 Democrats and eight Republicans.
In a recent interview, the ERLC’s Richard Land and Cal Beisner, founder and national spokesman for the Cornwall Alliance for the Stewardship of Creation, looked into the philosophy behind the current legislation, as well as the dangerous implications of its passage. Citing President Obama’s desire to follow Spain’s example in the creation of “green jobs,” Dr. Beisner points out the negative consequences of similar measures to that nation’s employment rate. He also expects dramatically increased costs for families in households energy bills and taxes.
Listen to part of that informative interview now:
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