S.D. braces for 'cap and trade' energy changes | argusleader.com | Argus Leader
South Dakota utility and cooperative managers estimate that a cap-and-trade system would increase residential electric bills a minimum of 41 percent by 2015.
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Sen. John Thune, R-S.D., has joined the power industry and other Republican critics in deriding the cap-and-trade plan as a "national energy sales tax" that should be scrapped. Instead, he wants to move ahead with market-based incentives to expand the use of solar, wind and other alternative energy sources.
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At its core, the plan would drive up the price of carbon fuels as a way to force changes in personal behavior and business practices.
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