Climate Hype Could Dim Maryland Economy

[Terri]

By Deneen Borelli
July 1, 2008

"Cap-and-trade" legislation, the de facto tax on fossil fuel use that currently provides about 85 percent of U.S. energy, was recently defeated in the U.S. Senate.

"America's Climate Security Act" (S. 2191), which sought to penalize companies that emit "greenhouse gases" alleged to influence climate change, failed to garner enough votes to end debate.

The bill's ignominious defeat, however, doesn't mean the issue is dead. In fact, political prognostication points to a Senate and White House next year that would be more favorable to cap-and-trade.

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[joe80x86]

Afordable energy is a myth in the 21st century, here in Florida my electric bill for FP&L averages about $270 per month (which seems to be average for this area) for a 3 bedroom house (and no we don't leave the lights on). Now the PSC has decided to allow a 16% rate hike 8% in August and 8% in January this will mean my bill will not jump to around $310 in January. Prior to paying it off my car payment was only $300. That extra $40 will have an impact on me and my family as mine and my fiance's income has not gone up in the last 3-4 years (no raises). So anything which could raise our costs I am against.

But now our idiot governor Charlie Christ wants to institute the same type of cap & trade on the electric industry, along with putting about 3,000 people out of jobs by buying out Florida Sugar for the land to "save" the Everglades. And yes this is the same guy being considered by McLame for the VP spot, the only plus side to that is we would be rid to him. He was a good Atty Gen but seems to want to be a mirror image of the Governator in CA.

[Luckyme]

CT has also signed onto this cap and trade agreement.

Our economy has been slowly deteriorating, and there are few want ads in the local newspapers. Less people are moving here but as long as most have good paying jobs, few are paying attention.

This is all before "cap and trade" takes effect and is do to our high taxes. What will happen after "cap and trade"?