Obama’s national energy tax will devastate Kentucky’s economy
by U.S. Rep. Harold "Hal" Rogers
7 months ago | 2928 views | 5 5 comments | 31 31 recommendations | email to a friend | print


by U.S. REP. HAROLD “HAL” ROGERS

Unemployment is soaring. Anxiety continues to rise. Kentucky families are hurting. With such dismal news as this, one would like to believe that it can’t get much worse. Unfortunately, President Obama and his liberal allies in Congress have pulled out an old gimmick to pay for their new, irresponsible trillion dollar spending plan. The latest boondoggle making its way through the halls of Congress is a so-called “Cap and Trade,” bill, which may have admirable intentions in reducing greenhouse gases, but in reality amounts to a $646 billion “carbon tax” paid by every American citizen- rich or poor- and every American business- small or large.

Rather than transitioning responsibly towards new energy technologies, the President is trying to impose draconian, government-mandated limits on carbon emissions from all walks of life - including energy companies, manufacturers, small businesses and public utilities. Responsible companies that cannot meet these levels immediately will be forced to participate in various government mandated auctions to generate revenue for the federal government. But who foots the bill when companies can’t meet these new stringent standards? You and I do. Every American who turns on a light switch will be forced to pay when utilities are unable to meet the government’s unrealistic demands. Great for bureaucrats, bad for Kentuckians.

Most alarming is that the President’s plan would be disproportionately devastating to coal-reliant states, like Kentucky, where our citizens receive 92% of their power from coal and currently enjoy some of the lowest electricity rates in the country. By placing a tax on carbon, coal-burning companies would be singled out and forced to pay an enormous price up front while they search for ways to reduce emissions. Studies have shown the Obama plan could cost every Kentucky family an additional $1,800 a year because of higher prices for food, gas, electricity and home heating. In these tough economic times it is a slap in the face for working families to be expected to pay more for basic needs.

Any effort to tax Americans and U.S. businesses for their carbon emissions puts our economy at a dangerous competitive disadvantage and does nothing to prevent other nations from lowering their greenhouse emissions. Unions and businesses alike are clamoring for relief from the Congress, warning of the dire consequences it would place on an already damaged manufacturing sector. Studies show this plan could result in over 3 million lost jobs. With unemployment already at record highs, it is irresponsible to take this approach in the guise of environmental stewardship.

Let me be clear — I am an avid supporter of protecting our environment and keeping our Commonwealth beautiful. I created the PRIDE program to do just that by restoring personal responsibility for our natural resources. I have also long advocated for developing alternative energy technologies- from solar to wind power to clean coal to nuclear. America’s natural resources hold a bounty of solutions to lower energy costs and keep our air clean. I think we should explore every opportunity and work together to responsibly diversify our energy use. Unfortunately, Obama’s national energy tax plan will not help get us there any faster.

We have the ability to reduce carbon emissions and protect the environment through alternative sources of energy. We should embrace those alternatives, not shackle Kentuckians with another tax at the worst possible time imaginable.

Congressman Harold “Hal” Rogers (KY-05) has served on the Appropriations Committee for over 25 years and currently serves as the Ranking Member on the Homeland Security Appropriations Subcommittee.
comments (5)
« Stevansky wrote on Saturday, Jul 11 at 06:24 PM »
If "Cap and Trade" is passed it will be the final nail in the coffin of our local economy and further weaken the national economy. For the real scoop on so called "Global Warming" go to http://www.junkscience.com/#GWS
« seeking_justice wrote on Sunday, Jun 14 at 01:55 PM »
Hal Rogers talks about this President is going to ruin KY..ok lets see KY is already in a billion dollar shortfall.There is millions of dollars wasted on throwing non-violent crimes in prisons/jails costing us way too much money and now there is programs like this Unite program that claims they arrested 3,000 drug dealers which out of the 3,000 I would say 2,990 were addicts and they might have got 10 dealers out of the millions before but now we are going to fund them another $4.45 million,for what because we still got the same problem for a job in which the law could do.Talking of funding more gambling in KY to help the deficit and people right now can't hardly afford to go to the store.Straight out it is time for a change and if this is the best he can do hopefully someone will take his place and do a way better job.
« Christyison wrote on Wednesday, May 13 at 11:28 AM »
When the coal industry is gone, EVERYONE in KY will suffer. This includes wal-mart, restaurants, health care providers, mom and pop stores, parts and equipment stores, etc. KY won't be in a recession; it will be in a depression. The tree huggers in Lexington need to review where their money comes from, COAL SEVERANCE TAXES!!!!!!!!

Reclaimed land is often more useful to the community than it was prior to being mined.

Trees and other natural resources are RENEWABLE. These people need to pick up a fifth grade science book and review what they should have learned 30 years ago.
« IPCara wrote on Thursday, Apr 09 at 11:28 AM »
This is completely preposterous - so much so that there isn't enough room to explain in a comment and an entire opinion article needs to be here along with this.

How is sustainability and economic growth bad for Kentucky? Really?
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