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Sen. Inhofe: GOP Beware: Though Now Stalled, Cap-and-Trade is Alive and Well

Senator James Inhofe
Clean Skies
Tuesday, Sept 15th, 2009

Now that the debate on cap-and-trade has stalled indefinitely in the Senate, inquiring minds are wondering: what’s next? While there’s no question the Democrats have declared a cease fire on cap-and-trade—many of them want nothing to do with the issue—their allies outside the Beltway are preparing a massive $20 million campaign to push legislation forward.

This effort should serve as a wake-up call to anyone who believes cap-and-trade is dead and buried—it is very much alive. So Republicans remain ever vigilant, preparing to defeat any cap-and-trade energy tax that will drive up unemployment, slow our economic recovery, and make America less competitive in the global marketplace.

A key component of this pressure group campaign will be the so-called “endangerment” finding now under review at the White House. This finding under the Clean Air Act will declare that greenhouse gases endanger public health and welfare, and thus will trigger a cascade of new regulations that will crush small businesses and raise electricity, food, and gasoline prices.

Green groups and the Obama Administration are threatening Congress with this finding, arguing that the Waxman-Markey cap-and-trade bill, or any cap-and-trade bill, will take care of it. They argue that cap-and-trade is more efficient than command-and-control regulation. But this is a smokescreen for the truth: cap-and-trade would simply substitute one bad policy for another, as Congress would be replacing one energy tax with another. Republicans reject both, and both should be defeated.

Full article here

 

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