Tuesday, June 23, 2009

U.S. Chamber Calls for Transparency on EPA's Endangerment Finding | PressReleasePoint
"The Chamber is not calling into question the existence of global climate change," continued Kovacs. "But the American public does not realize what is coming down the road with this regulatory disaster, and that's because EPA is playing hide the ball. Someone needs to keep the agency honest, and the Chamber is happy to do it."
Barton: Planet-Saving Ideas Hurt Incomes
To get a feel for what it means to you, tune in to this hearing-room exchange between Rep. Fred Upton (R-Mich.) and David Sokol, chairman of MidAmerican Energy Holdings, a Midwestern power supplier.

Upton: “And how much is that for the average consumer? Is it really 15 cents?”

Sokol: “No, and those numbers, you can make numbers say whatever you want. If you like, I can go through the example of the state of Iowa. The public power stations and rural electric co-ops also oppose this bill for the same reason we do, and the reason is it throws the consumer under the bus. In Iowa, our cost increase just for 784,000 customers is $283 million in the first year just for the allocation purchases. That’d be $110 per month, per customer.”

I wonder how long it will be before the voters start asking us how on earth a committee of Congress passed Waxman-Markey without knowing the price tag. I suspect the quizzing will begin shortly after the arrival of the first Waxman-Markey electric bills.
Daily Express | UK News :: £5,000 power bills shock
Over the next decade customers will suffer even steeper price rises with fees quadrupling by 2020, they warn. Investment in outdated infrastructure and new green energy policies will drive bills higher.

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