Originally Posted by
Jerry Peck
Some of the people who support the Cap and Trade bill:
- Arizona
Senator John McCain
-
Gov. Arnold Schwarzenegger
Business leaders: Cap and trade is best for business
Some of the largest corporations in the United States, including ConocoPhillips, Deere & Co., The Dow Chemical Company, DuPont, Exelon Corporation, Ford Motor Company, Johnson & Johnson, PepsiCo., Shell, Xerox and more agree: Cap and trade is the best way to regulate emissions while fostering economic growth.
Also buried in the bill:
- Keeps utility rates low for consumers by giving 30% of allowances to local electricity and natural gas companies, and requiring the utilities to pass the benefits on to their customers
- Protects low- and moderate-income households by allocating 15% of allowances to minimize impacts on these households
Yeah, it sure is a real bad a$$bill, isn't it?
Ron, you need to stop listening to Rush and pay more attention to real life.
