Cap and Trade: A Comparison of Cost Estimates

Another excellent article by The Heritage Foundation on Cap and Trade. I suggest everyone read the article and understand what the American consumer and American business, as well as the coal industry and public utilities, are going to suffer under such legislation. It is disappointing that Kentucky's two Democrat congressional representatives, Ben Chandler and John Yarmuth, are voting in lock-step with the leftwing radicals on this issue.

A snipet of the article is posted with a link to the full article here.

The U.S House of Representatives passed, by a narrow margin, a massive energy bill that most notably includes a cap-and-trade program to reduce carbon dioxide emissions and allegedly curb global warming. A number of groups, including The Heritage Foundation, have estimated the costs of the bill introduced by representatives Henry Waxman (D-CA) and Ed Markey (D-MA).