Thursday, May 21, 2009

Cap & Trade Will Cost Rural Americans

Frankly Speaking
By Rep. Frank Lucas

Cap & Trade = Higher Costs for Rural America

This week, members of the House Committee on Energy and Commerce are expected to consider The American Clean Energy and Security Act of 2009. Rep. Henry Waxman (D-CA) and Rep. Edward Markey (D-Mass) introduced the bill. A major component of this legislation is cap and trade.

As a lifelong rancher, as a student of Agriculture economics, and as the Ranking Member of the House Agriculture Committee, I have very serious concerns about cap and trade and its impact on rural economies.

Cap and trade is nothing more than a national energy tax, and the effects will be far-reaching to businesses, consumers, and even more so to rural America. We are looking at the most amazing tax increase of all times. If you like being cool in the summer, you’re going to be affected. If you like being warm in the winter, you’re going to be affected. If you want to go anywhere, you’re going to be affected. This is going to affect all of us. Chairman Waxman understands that the best way to force you to change your business habits, to change your lifestyle, is to tax you to the point where you have to change your lifestyle. Read More

Here is an interesting article by Rep Frank Lucas about how cap and trade could affect rural versus urban residents. This is a bill that could drastically change how we live in this country. It deserves some very serious and careful consideration.

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