Michael Williams, current Texas Railroad Commissioner* and candidate for Senate, is doing a multi-part survey of the Waxman-Markey cap-and-trade bill currently before Congress. He’s up to Part III (see also Part I & Part II, of course), and here’s what he’s hoping to accomplish with it:
Democrats in Congress, joined with the Obama administration, are proceeding along parallel tracks to impose CO2 regulations so sweeping as to become the most expensive and expansive environmental reach of government into the lives of American families, businesses and consumers in history.
In May, the House Energy and Commerce Committee approved the Waxman-Markey cap and trade bill that is designed to drastically reduce carbon dioxide emissions blamed for global warming. The full House could complete action on the bill within the next two weeks.
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The prospect for cap and trade is less certain in the Senate and the EPA, while poised to finalize its landmark finding, has not done so, yet. If enough Americans band together, we can still protect the American economy, jobs, and incomes from undue and unnecessary CO2 regulations.
Continue reading Michael Williams examines the cap-and-trade bill.