'Cap and trade' proposals concern Democratic leader
Pete Chagnon - OneNewsNow - 10/29/2009 11:30:00 AMBookmark and Share

Senator Max Baucus (D-Montana)Senator Max Baucus is voicing opposition to "cap and trade."

 

The Montana Democrat says he cannot support the Senate version of cap and trade as it currently stands. According to The Washington Times, Baucus has serious concerns with the targeted 20 percent reduction of CO2 by 2020 and the idea that the bill would give the Environmental Protection Agency (EPA) regulatory powers. 
 
Ben LiebermanBen Lieberman, a policy analyst with The Heritage Foundation, says the Kerry-Boxer bill, as it is sometimes referred to, was drafted by two senators from California and Massachusetts. "[Those are] two states that are hurt less than others from this global-warming approach. But states like Montana and many others will be hit much more hard," predicts Lieberman.
 
The analyst says other energy states that could be hit hard include Ohio, Indiana, and Michigan, and other areas that rely heavily on manufacturing jobs.
 
These types of jobs include "those areas of the country that rely on coal for electric generation more than others, [products] which will go up very sharply in price under cap and trade. So outside of the West Coast and outside of the Northeast," he says, "there are a number of concerns across the country, and both Democrats and Republicans need to ask themselves [if] this is what their constituents want."

 

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11/21/2009 6:36:47 AM