Waxman-Markey Global Warming Proposal’s Other Problematic Provisions
Posted by SteveB on May 12, 2009
The main focus of debate over the proposed Waxman-Markey American Clean Energy and Security Act of 2009 has been its cap and trade program. These global warming provisions have been targeted for good reason, as they amount to a massive energy tax that would cost this nation trillions of dollars and millions of manufacturing jobs in the years ahead.
Nonetheless, there are other costly and anti-consumer measures in the proposal that also deserve attention–including a renewable electricity standard, a low carbon fuel standard, and appliance efficiency mandates. These measures provide additional reasons why the Waxman-Markey proposal warrants critical analysis.
Read the entire article here.