Newspapers Speak Out Against Boxer Climate Tax Bill

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Newspapers Speak Out Against
Boxer Climate Tax Bill

“Consumers Are Already Struggling” with energy prices
This “Cap-And-Tax” bill will “Cause Prices To Rise Even More”

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LAS VEGAS REVIEW JOURNAL: “Consumers are already struggling with gasoline approaching $5 a gallon and other utility costs that have been moving steadily higher for the past few years. New mandates placed on producers in the name of ‘global warming’ will only make matters worse.”
(Editorial, “Global Warming? Hold On To Your Wallets,” Las Vegas Review Journal, 06/02/08)

 

THE PLAIN DEALER: “The bill, as conceived, will just bore new holes into an already battered economy.” (Editorial, “Carbon Cap-And-Trade Bill Is Going Nowhere, For Good Reason,” The Plain Dealer [Cleveland, OH], 06/01/08)

 

PITTSBURGH TRIBUNE-REVIEW: “If there indeed is a second Great Depression to come, this will be the government measure that guarantees it arrives with a devastating gut punch.” (Editorial, “The Climate Security Act?: Reject The Ignorami,” Pittsburgh Tribune-Review, 06/01/08)

 

SAN FRANCISCO CHRONICLE: “The Senate debate on the climate bill probably will focus on its impact on energy prices and the economy, which in the short run could be considered significant.” (“Senate Taking Up Key Climate-Change Bill,” The San Francisco Chronicle, 06/02/08)

 

THE VIRGINIA PILOT: “Would the cost of allowances be passed on to consumers in the form of higher energy prices? Yes. The U.S. energy information agency estimates that the additional annual cost of electricity could reach $325 per household by 2020.” (“Q&A: The Climate Security Act,” The Virginia Pilot, 06/02/08)

 

ASSOCIATED PRESS: “With gasoline at $4 per gallon and home heating and cooling costs soaring, it is getting harder to sell a bill that would transform the country's energy industries and - as critics will argue - cause energy prices to rise even more.” (“Economic Cost Drives Senate Climate Debate,” AP, 06/01/08)

 

WALL STREET JOURNAL: “This is easily the largest income redistribution scheme since the income tax.” (Editorial, “Cap And Spend,” The Wall Street Journal, 06/02/08)

 

NEW YORK POST: “[T]he only thing it will cool is the US economy. In effect, the bill would impose an average of more than $80 billion in new energy taxes every year.” (“Cap & Trade: Why It’s Tax & Spend,” The New York Post, 06/02/08)

 

ROBERT SAMUELSON: “…let’s call it by its proper name: cap-and-tax.”
(“Just Call It ‘Cap-And-Tax,’” The Washington Post, 06/02/08)

 

GEORGE WILL: “Speaking of endless troubles, ‘cap-and-trade’ comes cloaked in reassuring rhetoric about the government merely creating a market, but government actually would create a scarcity so that government could sell what it had made scarce.”(“Carbon’s Power Brokers,” The Washington Post, 06/01/08)

 

CHARLES KRAUTHAMMER: “There's no greater social power than the power to ration. And, other than rationing food, there is no greater instrument of social control than rationing energy, the currency of just about everything one does and uses in an advanced society.” (“Carbon Chastity,” The Washington Post, 05/30/08)

 

HUMAN EVENTS: “It will significantly increase the price Americans pay for gasoline and electricity.  ‘Cap and trade’ is an economy-killer.” (“Senate Boondoggling On Global Warming,” Human Events, 06/02/08) 

 

THE HILL: “A bill that the senate will debate after Memorial Day could add about 50 cents to the price of a gallon of gasoline, according to a study.”
(“Warner-Lieberman Bill Could Raise Gas Prices,” The Hill, 05/19/08)

 

WALL STREET JOURNAL: Boxer climate tax bill “would impose the most extensive government reorganization of the American economy since the 1930s.” (Editorial, “Climate Reality Bites,” The Wall Street Journal, 05/27/08)

 

INVESTOR’S BUSINESS DAILY: “The bill essentially limits how much gasoline and other fossil fuels Americans can use, as Klaus puts it, ‘in the name of the planet.’ A study by Charles River Associates puts the cost (in terms of reduced household spending per year) of Senate Bill 2191 at $800 to $1,300 per household by 2015, rising to $1,500 to $2,500 by 2050. Electricity prices could jump by 36% to 65% by 2015 and 80% to 125% by 2050.”
(Editorial, “The Carbon Curtain,” Investor’s Business Daily, 05/29/08)

 

FORBES: “Kennedy and other skeptics say ‘cap-and-trade’ is little more than a tax on energy. True enough: market-based or not, the government would mandate that emitters pay for something they essentially do for free now.”
(“Cap And Trade Comes To Congress,” Forbes, 06/02/08)

http://epw.senate.gov/public/index.cfm?FuseAction=Issues.View&Issue_id=e93fc5c2-802a-23ad-42b5-798ae9c9ebeb

 



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