Wednesday, July 7, 2010

There Obama goes again...cap and trade

I am plagerizing what was written by a North Dakota public utility commissioner - it applies for Texas, too - so here is the Texas version:

As President Ronald Reagan would say, "There they go again."

The Associated Press reported on June 29 that President Obama is
working with several Senators to "quietly draft" a version of Cap and
Trade deemed "utility-only."

They have been trying for 18 months to force a bill to destroy our fossil fuel industry. The people of the United States and North Dakota are against such a bill. This has not stopped the President and his allies.

The worst oil spill in history is wrecking havoc on our country. In true Chicago style, instead of focusing on stopping the leak and cleaning up the mess, it is being used to push another version of Cap and Trade.
This new version of the old bill is aimed directly at Texas.

A "utility-only" version of Cap and Trade means increased costs for refineries and power plants resulting in at least a 25-40 percent increase in utility costs and thousands of lost jobs for our state.

In addition to our strong fossil fuel industries, wind, biofuels, and other renewable energy sources continue to increase and Texas is number one in the country for wind power.

Texas’ balanced approach to energy development should be modeled by Washington, not punished.

It is time the President deliver a realistic policy that leads us towards genuine energy independence, not one that will wipe out our state's economy.

No comments: