What will cap and trade mean for the American people if H.R. 2998 – American Clean Energy and Security Act of 2009 or the “Waxman-Markey” bill is passed and signed into law [Article - Waxman-Markey cap-and-trade bill stuffed full of unpleasant surprises]?
The “cap” part refers to the number of Americans who will still be employed: Once the number of those in less “green”, less environmentally-friendly jobs are no longer employed, an acceptable employment “cap” will have been reached. The “trade” part means what unemployed Americans will be experiencing: “Trading” a rewarding job that existed before cap and trade for a less rewarding, go-nowhere “green” job [Article - 1. Rep. Kirkpatrick Opposes Waxman-Markey Energy Bill; Stands Up for Rural Arizona, Citing Rising Consumer Costs and Excessive Spending | 2. Waxman-Markey Global Warming Bill: Economic Impact by Congressional District | 3. House GOP Weekly Radio Address | 4. While Republicans Fight for an “All of the Above” Energy Plan, Newspapers Across the Nation Take Aim at the Democrats’ National Energy Tax Bill | 5. Cap and trade bill includes unemployment benefits - Largest tax increase in history. | 6. Cap and Trade Facts Every Minnesotan Should Know | 7. Special Order Speech on Cap and Trade | 8. Son of Waxman-Markey: More Politics Makes for a More Costly Bill].
Does anybody want to ride the cap and trade wave yet? You still need convincing? Just wait…more anguish is to come.
