North Dakotans Could End Up Paying $300 - $500 Per Year More In Utility Costs Due To Cap And Trade
Nick Silver at the FiveThirtyEight blog put together a map showing the average increase cost per household of utilities thanks to the proposed cap and trade tax. Not all states are equal when it comes to the cost of cap and trade in terms of increased energy costs, due to some states being more dependent on carbon-heavy sources like coal than others, but almost all the states will get hit with expenses that are $100 or more per year.
There’s more here, but really that map tells the tale doesn’t it? I think this is something the Senators of those dark red states, Senators like Byron Dorgan and Kent Conrad from North Dakota, need to hear about. Click here to tell them by email in two easy steps.
And remember, increased energy costs aren’t the only impact a cap and trade tax will have. The cost of everything you buy is going to go up to. If you order a book from Amazon, you’ll be paying part of the carbon tax paid by every company involved in the process from the company that cut down the trees to make the paper to Amazon itself to the delivery company that brings the book to your doorstep.
Obama says the impact of cap and trade will cost the average American no more than the price of a postage stamp per day. He’s pulling our collective legs. Once the impact of the cap and trade carbon tax is felt throughout the economy, the cost to the average American is going to be thousands of dollars per year as noted in studies by the Tax Foundation and MIT.
Believe me folks, we couldn’t afford this tax in the best of times, and certainly not in the middle of a recession. This tax will not only make our day-to-day lives significantly more expensive, but it will drive jobs out of this country as manufacturers and other sorts of industry flee to friendlier regulatory environments.
This would be a mistake.
