FreedomTalks

As this great blog post over at the Baltimore Sun notes,

Europe tried a pollution credit trading system to curb carbon dioxide emissions after it passed the Kyoto Protocol in 1997, and power companies worked the system to make billions in profits.  Electricity customers paid higher bills, thinking they were contributing to a cooler planet.  But their money just went into the pockets of the electric companies, which didn’t end up actually cutting down on their carbon dioxide emissions.

Kudos to Senator James Inhofe (R-OK) for leading the fight against this ridiculous cap and trade scheme that the U.S. Senate is proposing. Senators Lieberman and Warner should be ashamed of themselves for drafting this legislation that would be all economic pain for no climate gain. The American taxpayer would have to pay for this scheme in billions of dollars in new taxes and the climatic effect would be next to nil.

Call your Senators today and ask them to oppose the Lieberman/Warner cap and trade scheme!

This entry was posted on Tuesday, December 4th, 2007 at 5:50 pm and is filed under Energy, Grassroots Tactics, Taxes. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.