The following article on the passage of Waxman-Markey by Republican House Minority Leader John Boehner appeared today on the GraniteGrok blog. Rep. Boehner correctly identifies America’s middle class families and small businesses as the losers in the new cap-and-trade system. This is a “must read” for anyone interested in cap-and-trade!
Guest Post by Congressman John Boehner
If there’s one thing the American people should demand of their elected representatives, it’s that’s we should know what’s in bills before we vote on them. Unfortunately, that seems to be too much to ask of the Democratic-controlled U.S. House, which under the heavy hand of Speaker Nancy Pelosi (D-CA) has once again rushed sweeping legislation to passage without appropriate scrutiny or sufficient time for public review.
In February, the U.S. House passed a 1,100-page economic “stimulus” bill that (according to the White House) was supposed to create 3.5 million jobs and keep unemployment no higher than 8 percent. Since that bill was signed into law by President Obama, we’ve lost 1.6 million jobs nationwide, and unemployment nationwide is now 9.4 percent. The so-called “stimulus” has been a disaster in my home state of Ohio, where our unemployment is a record-breaking 10.8 percent.
The House late on Friday, June 26, passed Speaker Pelosi’s new national energy tax – a more than 1,500 page bill that included 300 pages added to it fewer than 24 hours in the dark of night before the final vote. No one – not one single lawmaker – had read the entire bill before voting on it. So I did what I had to do: using my privileges as Minority Leader, I took to the floor and read portions of those 300 pages to the American people before the final vote. By tradition, the Speaker of the House, the Majority Leader and the Minority Leader have the right to talk for as long as they like on the Floor. I used my prerogative as the Minority Leader to read to the American people parts of a bill that will raise their taxes, send American jobs overseas and punish hard-working, middle-class families with higher energy costs.
I had hoped that lawmakers would understand that this new national energy tax on middle class families would further punish people who are struggling to make ends meet. At the very least, I and my colleagues believed the American people deserved a more open and honest debate over the contents of the bill and its implications for our country, which is still struggling through a deep recession. But in the end, in another exercise of legislating by brute force, political muscle applied by Speaker Pelosi and former Vice President Al Gore on behalf of radical special-interests carried the day, and the measure was narrowly passed.
What took place in the House Friday is a stinging slap in the face for suffering American families and small businesses. A backroom deal was struck between powerful Democratic politicians in Washington and powerful interests who got special “carve-outs” in the final bill to ensure the higher costs and higher taxes imposed by the Speaker’s bill will apply to ordinary citizens and small business owners, but not to them.
Americans want clean energy, and a clean environment. There is a better route to these goals than the one embodied in the bill passed on the floor of the House last night, and Republicans have offered it:
a comprehensive “all of the above” energy reform strategy that will increase environmentally-responsible production of American energy and reinvest a share of the royalities from such production into development and expanded use of clean, alternative energy across our country. It’s a strategy that will create American jobs instead of destroying them; one that will lower costs for American families and small businesses rather than raising them at a time of economic hardship. This approach is advocated by Republican governors and Members of Congress standing together for real solutions to the challenges facing our country. It hasn’t seen the light of day in Democratic-controlled Washington.
Our economy is hemorrhaging jobs at a frightening pace, and middle class Americans are suffering. Legislation like Speaker Pelosi’s massive national energy tax that she rammed through the House will only punish hard-working families even more. Every family who has the audacity to turn on their TV, flip on a light-switch and put gas in their car will pay more for it. Family farmers, whose energy costs account for 60 percent of their spending, are going to see their fuel costs, especially diesel, skyrockets while their incomes plummet. Meanwhile, elite special-interests whose lobbyists made backroom deals with congressional Democrats in the dark of night will be exempt.
Speaker Pelosi’s national energy tax is a job-killer. It will punish responsible American families with crushing taxes that will suffocate our economy. It creates a slew of new government programs to take and redistribute trillions of dollars away from our families overseen by a tangled web of government agencies that will ultimately answer to the Environmental Protection Agency.
While government bureaucrats squabble over how best to regulate our lives, other countries are moving ahead with innovations and technologies that are propelling their economies in front of ours. And while American manufacturing companies and energy-intensive industries shutter their doors, foreign nations that don’t impose punitive taxes will roll out the welcome mat. The next time you wonder where the jobs are, take a look at China, India and other countries that refuse failed policies like the cap-and-trade scheme that makes up Speaker Pelosi’s national energy tax – that’s where our jobs have gone.
Minority Leader John Boehner represents the 8th Congressional District of Ohio.
For thirty five years since the Arab oil embargo we talked about reforming energy policy and nothing major was ever done. We are more dependent than ever of the same old energy sources.
The President is taking a risk. Attempting to jump start a paradigm shift. Since when is America afraid of the unknown?
Our ancestor took mules and wagons over the Rocky Mountains looking for a future. This cap and trade thing could be good. Maybe it will lead to individual power plants for each house.
Also a must read: “The Great American Bubble Machine” by Matt Taibbi. Taibbi outlines the manipulations of Goldman Sachs from the Depression onwards. He writes the latest bubble to enrich Goldman Sachs and fellow government and Wall Street cronies is the Cap and Trade fiasco.
Appears to be well researched and well thought out. Tough reading and absolutely shocking stuff that makes the reader ill by the end.
Conclusion: That giant sucking sound is the American economy going down the drain.
I would be interested in your opinions on the piece.
http://www.correntewire.com/great_american_bubble_machine_0
Fay Voshell
Cap and Trade has failed every where else.
Listen to a quick video:
Mike Protack
Don’t jinx us with all the negative vibes.Cap and trade is an attempt to make carbon fuel less attractive. It’s the law now. In the long run it’s very much in our national interest.
Fay, thanks for the link to that Bubble Machine article. Scary, but it simply describes the essence of Capitalist Democracy. Huge financial political forces leveraging every trick in the book to profit. Unless somebody comes up with a better way, game is on. Get some while you can. What you are repulsed by is nothing less than the American Way of Life.
Below, a short piece from FORBES magazine on the actual statistics for energy supply of the US. Our senators should read the article before voting on Waxman-Markey.
As I recall it, candidate Obama made his negative attitude toward coal pretty clear. He indicated it was an “evil” resource we would not need in the future.
This is to say nothing of the fact the entire bill is based on a scientific hypothesis which remains unproven.
Waxman-Markey Flunks Math
A couple we know got a rude interruption on Saturday night. The two had settled into their seats at the AMC Cupertino Square 16 theater and were enjoying The Taking of Pelham 123, a thriller remake starring John Travolta and Denzel Washington. But Pelham 123 never finished; the theater lost its electrical power. The cause was a rolling brownout, due to a California heat wave and excessive use of air conditioning.
Electricity is a good thing. It powers your computer, drives economic growth, transmits images from Tehran streets, keeps preemies alive in hospitals, prevents meat from rotting and enchants and cools you in movie theaters.
Yes, electricity is a good thing. Where does it come from?
In the U.S., electricity is produced from these sources. If you are reading this on a handheld and can’t read Wikipedia’s wonderful pie chart, here is the breakdown:
48.9% — Coal
20% — Natural Gas
19.3% — Nuclear
1.6% — Petroleum
Got that? A tick over 88% of U.S. electricity comes from three sources: coal, gas and nuclear. Petroleum brings the contribution of so-called “evil” energy–that is, energy that is carbon- or uranium-based–to almost 90%.
The remaining sources of U.S. electricity, the renewables, are, by comparison, tiny players:
7.1% — Hydroelectric
2.4% — Other Renewables
0.7% — Other
Hydroelectric accounts for 70% of renewable energy in America. But, of course, hydro is mostly tapped out. Almost every dam that could be built has been built. Ironically enough, political opposition to building more dams comes from the same crowd of tree huggers who oppose coal, gas and uranium.
Do you see where I’m going?
The Waxman-Markey bill that passed the House on Friday by a 219-212 margin will punitively tax energy sources that contribute 90% of current U.S. electricity (or 71% if you want to leave out nuclear). The taxes will be used to subsidize the 10% renewable contributors (but really just 3% after you leave out hydro).
In other words, Waxman-Markey is betting the future of U.S. electricity production on sources that now contribute 3% or supply 10 million Americans with electricity. That’s enough juice for the people in Waxman’s Los Angeles County. Or, if you prefer, for Nancy Pelosi’s metro San Francisco plus Markey’s metro Boston.
Well, what about electricity for the other 295 million? You can’t get there from here with Waxman-Markey. At very best, solar, wind and cellulosic ethanol will make 20% contributions by 2025. The smart money would bet on 10%.
Renewable dreamers, such as New York Times columnist Thomas Friedman, believe this magical 3% is somehow different than the 97%. Different in the way the silicon chip is different than the Eniac computer. In other words, they believe the 3% will see Moore’s Law exponential gains that will grow mighty in a decade. That is precisely the bet being made by the giant venture capital fund Kleiner Perkins with its billion-dollar-plus green fund. The firm’s alpha dog and green weeper, John Doerr, is convinced that solar and cellulosic ethanol will see Moore’s Law gains if you assemble the world’s best and brightest minds to work on it.
I see no evidence of that. Now, it is true that solar and maybe cellulosic ethanol have the potential of making bigger technological leaps than traditional sources. But not at the pace of Moore’s Law, or even close.
Meanwhile, traditional sources of electricity that are progressing in the direction of cleaner and more efficient are being ignored (or dissed by Waxman-Markey). Here are two must reads–the first on clean coal by Gregg Easterbrook, the second on fission energy by Robert Metcalfe. Study them if you take electricity production seriously.
Bottom line: There is no way the U.S. economy can enjoy future prosperity without the big three electrical energy sources of clean coal, natural gas and nuclear.
Fay,
I think it is clear that we are trying to make coal less attractive. And you are correct the President made his position clear during the campaign. He wants to lead us in a new direction.
You make the old carbon less attractive so as to encourage the introduction of brand new alternatives.
France gets most electricity from nukes. An energy source nonexistent sixty years ago. Who could have predicted this new clean way of making electricity from the heat of split uranium atoms? So for all the gloomers and doomers, there are those of us hoping this grand departure from the status quo will lead to equally ground breaking technologies. Remember when you were saying “what change” about Obama.