"Under my plan of a cap and trade system electricity rates would necessarily skyrocket. Businesses would have to retrofit their operations. That will cost money. They will pass that cost onto consumers."Barry O, in the San Francisco Chronicle, 1-17-08
(hat tip: Gateway Pundit, who has more)
We can't say we haven't been warned.
The plan is not that other alternative forms of energy will be less costly but that what we have now will be so costly that the 'new' forms will appear to be a bargain.
ReplyDeleteWhat a pile of pelosi!
Cap and trade has done nothing to help the economies in Europe or in Australia but actually just the opposite and some of them are waking up to this fact. Meanwhile we continue to be duped and lead along the merry pathway to more socialism.