Thursday, July 30, 2009

At 2 Cents a Gallon, Climate Bill Is a Bargain


To paraphrase Joe Lieberman; it is imperative that Congress and the American public think long term in regards to energy security and climate protection. We could not agree more.

The Climate Security Act, which Senator Lieberman is a sponsor of, would "cap carbon dioxide emissions on smokestacks and tailpipes and allow companies to trade credits so long as pollution remains below the cap", effectively reducing our carbon footprint and encourage clean industry.

Critics say this piece of legislation would raise the cost of energy for consumers and support Bush-era policies of negotiating with countries like Saudi Arabia to increase their oil supply, keeping prices low.

What is wrong with this short-term strategy?

1) It ignores that the world's oil supply is rapidly decreasing and high prices are unavoidable.
2) It means we will continue to buy oil overseas which reduces our national security.
3) It keeps us from investing in industries that are clean, green, and would create millions of jobs.


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