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  • machinery

    Waxman Markey Cap and Trade’s Biggest Losers: Machinery

    It’s no secret operating machinery uses a lot of energy. What policymakers are trying to keep a secret is how cap and trade will affect the machinery industry, along with other energy intensive industries (farming, construction, manufacturing). Cap and trade is an energy tax in disguise. Knowing that the public won’t accept an energy tax, especially not in a recessionary environment, Members of Congress are trying to push the cap and trade bill, despite the fact that most people think it has to do with regulating Wall Street than tackling … More