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Is "The Pelosi Premium" Planned?
Posted By Conn Carroll On April 21, 2008 @ 12:34 pm In Energy | Comments Disabled
The House Republican Conference released a video last week titled “The Pelosi Premium ” contrasting then-Minority Leader Nancy Pelosi’s (D-CA) 2006 promise to pass a “commonsense plan to help bring down skyrocketing gas prices ” with the steep rise in gas prices since she took the gavel. According to the video, the price of a gallon of gas has risen from $2.33 in January 2007 to $3.40 in April 2008.
But let’s say that, as an environmentalist, you want to both 1) drastically reduce carbon emissions ; but 2) want to pay as little a political price as possible for causing the requisite economic damage a reduction in carbon emissions would bring . How could you accomplish both of the goals? Well you might just pass a an energy bill that : 1) imposes huge new alternative fuel mandates; 2) allows for no development of new energy sources, and 3) raises taxes that discourage energy exploration and production.
It is not like the House wasn’t repeatedly warned  that their policies  would lead to  higher gas prices . So we must entertain the possibility that that is what they meant to do all along.
Article printed from The Foundry: Conservative Policy News Blog from The Heritage Foundation: http://blog.heritage.org
URL to article: http://blog.heritage.org/2008/04/21/is-the-pelosi-premium-planned/
URLs in this post:
 The Pelosi Premium: http://republicanleader.house.gov/News/DocumentSingle.aspx?DocumentID=88948
 commonsense plan to help bring down skyrocketing gas prices: http://www.house.gov/pelosi/press/releases/April06/Rubberstamp.html
 drastically reduce carbon emissions: http://climateprogress.org/2008/03/31/is-450-ppm-carbon-dioxide-politically-possible-1/
 want to pay as little a political price as possible for causing the requisite economic damage a reduction in carbon emissions would bring: http://gristmill.grist.org/story/2007/7/30/162738/602
 pass a an energy bill that: http://www.heritage.org/Research/EnergyandEnvironment/wm1315.cfm
 repeatedly warned: http://www.heritage.org/Research/EnergyandEnvironment/wm1752.cfm
 that their policies: http://www.heritage.org/Research/EnergyandEnvironment/wm1736.cfm
 would lead to: http://www.heritage.org/Research/EnergyandEnvironment/wm1729.cfm
 higher gas prices: http://www.heritage.org/Research/EnergyandEnvironment/wm1721.cfm
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