WASHINGTON D.C. On the morning of an historical vote on the controversial cap and tax" global warming legislation in the U.S. House of Representatives U.S. Congressman Kevin Brady (R-TX) questions the real environmental benefits of the measure and fears the cost to Texas families and small businesses.
I have young children so of course the environment matters. But this bill wont impact the natural cycle of the earths temperature and will cost families dearly in higher utility bills higher energy costs and nearly 200000 lost jobs in Texas" says Brady. With China India and other nations refusing to participate independent experts predict this bill will not yield any measurable environmental benefits."
Job Losses in S.E. Texas
The congressman who is the top House Republican on the Joint Economic Committee says the jobs most at risk are here in southeast Texas in the energy refining paper steel and agriculture industries. And because the products American companies sell and ship overseas will be especially hard hit by cap and trade Texas as the largest exporting state in the nation is especially vulnerable.
The biggest hit will be felt in southeast Texas but youll see job losses reach every region of the state" he predicts.
A Better Solution
Instead of rushing this 1200 page bill through the House with less than 24 hours to read it a better solution is for Republicans and Democrats to get serious about increasing cleaner burning fuels like nuclear and natural gas accelerating research into renewable energy and tapping Americas abundant traditional energy to transition to a greener future. That makes more sense creates jobs and produces real environmental results without cap and trades devastating cost to families and businesses."
Currently the cap and tax legislation will cost each household in Texas an extra $3128 per year and each person will be burdened with an extra $903 per year in taxes according to budget experts. The net job losses predicted for Texas are 197000 according to the Heritage Foundation.
WASHINGTON D.C. On the morning of an historical vote on the controversial cap and tax" global warming legislation in the U.S. House of Representatives U.S. Congressman Kevin Brady (R-TX) questions the real environmental benefits of the measure and fears the cost to Texas families and small businesses.
I have young children so of course the environment matters. But this bill wont impact the natural cycle of the earths temperature and will cost families dearly in higher utility bills higher energy costs and nearly 200000 lost jobs in Texas" says Brady. With China India and other nations refusing to participate independent experts predict this bill will not yield any measurable environmental benefits."
Job Losses in S.E. Texas
The congressman who is the top House Republican on the Joint Economic Committee says the jobs most at risk are here in southeast Texas in the energy refining paper steel and agriculture industries. And because the products American companies sell and ship overseas will be especially hard hit by cap and trade Texas as the largest exporting state in the nation is especially vulnerable.
The biggest hit will be felt in southeast Texas but youll see job losses reach every region of the state" he predicts.
A Better Solution
Instead of rushing this 1200 page bill through the House with less than 24 hours to read it a better solution is for Republicans and Democrats to get serious about increasing cleaner burning fuels like nuclear and natural gas accelerating research into renewable energy and tapping Americas abundant traditional energy to transition to a greener future. That makes more sense creates jobs and produces real environmental results without cap and trades devastating cost to families and businesses."
Currently the cap and tax legislation will cost each household in Texas an extra $3128 per year and each person will be burdened with an extra $903 per year in taxes according to budget experts. The net job losses predicted for Texas are 197000 according to the Heritage Foundation.
