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Cap and Trade is Cap and Tax and Tax and Tax

The American Clean Energy and Security Act of 2009, H.R. 2454, better known as cap and trade, passed the House on June 26th. The vote was 219, to 212.

This bill will not become law until it has been voted on by the Senate.

According to the bill, the purpose is to create clean energy jobs, achieve [...]

Cap and Trade Hold on to your checkbook

The purpose of this cap and trade bill, is to reduce pollutants, by offering financial incentives, and penalties, to polluters. The stated motivation is to reduce global warming by reducing pollution.