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  • Today's Calamity: Cap and Trade Costs Fly Sky High

    Cap and Trade Calamities

    When gas prices surpassed $4 per gallon last summer, it forced families to cancel their vacations. Not only was the day-to-day driving eating up families’ budgets, but it made the cost of traveling somewhere for vacation all that more expensive. Purchasing airline tickets was out of the question for many. If cap and trade becomes law, news could only get worse for the air travelers and the airline industry.

    From CQ Politics: “The most recent draft of the Senate bill by John Kerry, D-Mass., and Barbara Boxer, D-Calif., includes aircraft and aircraft engines in its emissions-trading plan. The language tracks with provisions in a climate change bill the House passed in June.”

    Cap and trade, which would artificially raise the price of energy, could cost the airline industry $5 billion dollars according to the article. When speaking about Waxman-Markey, Steve Sear, Delta Air Lines vice president of global sales, said passing cap and trade would result “in hundreds of millions of dollars in additional fuel costs that will either have to be absorbed or passed on to customers.”

    On top of that, Sear went on to say that Waxman-Markey, officially known as the American Clean Energy and Security Act (ACES) would hurt the industry’s ability to innovate on its own:

    Those additional costs will undermine the ultimate aim of the act—to decrease carbon emissions—by making it difficult, if not impossible, for U.S. airlines to invest in the technology and alternative fuels that can reduce harmful greenhouse gases. ACES also would threaten our ability to provide jobs to thousands of U.S. workers, and airline service to hundreds of communities. It would put U.S. carriers in a competitive disadvantage against foreign airlines immune to the measure’s effects.”

    Whether greenhouse gases are harmful is beside the point. An energy tax on any businesses will reduce the amount of money that can be spent on innovation and entrepreneurial activity that produce greater efficiency.

    Posted in Energy [slideshow_deploy]

    6 Responses to Today's Calamity: Cap and Trade Costs Fly Sky High

    1. Richard, Columbus says:

      We only have to remember the stark difference between East and West Germany when the Berlin Wall came down. This administration wants us to be like the East Germans were … The EPA is about to designate our midwest off limits to coal mining, oil drilling, natural gas drilling and posibly farming to save, grass, frogs, bugs, trees, weeds, fish and whatever they can get on our endangered species lists.

      Bill Clinton said we needed to slow our economy to save our planet. I think he's nut, and 180 degrees wrong!

    2. Eric Pearson says:

      Many Democrats already know The Democratic Party leaders are no longer following in the time-honored footsteps laid down by the founding fathers of our great Nation. More importantly, we as democrats see The Democratic Party leaders abandoning the principles and values as set forth within the Declaration of Independence and the Constitution of the United States.

      At the very least, The Democratic Party leaders are no longer abiding to the sole reason The Democratic-Republican Party was founded by Thomas Jefferson – "Strong state governments with a weaker federal government."

      This is only the beginning of our problems as Democrats, for The Democratic Party leaders have clearly set their own agendas over the members of The Democratic Party, our Nation, and the American people.

      Most Democrats already know their pleas to The Democratic Party leaders are only being answered by repeated insult and injury. Despite this, we as Democrats can restore control of The Democratic Party back to the party members. All we need to do is cut off all our donations to the local, state, and national headquarters of The Democratic Party, and donate the money directly to worthy and honorable Democratic Party candidates.

      So spread the message to everyone of our fellow Democrats, for the Democrat members are taking back control of The Democratic Party. Also, please don't forget to contact and request the Unions and other outside contributors to follow our lead as patriotic Americans. Thank you!

      Web site: http://www.democraticreformparty.com

    3. Chris, Tampa, Iraq says:

      Amen,

    4. Chris, Tampa, Iraq says:

      Cap and Trade from page 1 to page thosand and whatever, is just further economic woe's accross the board. I have to believe Rush when he says the dem's put this on the table. They do want us dependent on them, I can't think of any other reason why they would vote on it. This is a power grab pure and simple.

    5. Bobbie Jay says:

      The more government, the less need for some to think for oneself.

      Get government out of energy. Arrest all involved for fraudulent representation of no factual existence of said "crisis," or said "causes", resulting in unnecessary government infringement, control and burden of cost and compromise to freedoms, liberties and the human right to exist…

    6. Bobbie Jay says:

      The more government, the less need for some to think for oneself.

      Get government out of energy. Arrest all involved for fraudulent representation of no factual existence of said "crisis," or said "causes". Direct result of unnecessary government infringement, control and burden of cost and compromise to freedoms, liberties and the human right to exist…FREELY!!!!!

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