I write today to express my opposition to the Waxman-Markey bill and the cap and trade energy policies in this and other bills before congress. This legislation promises a devastating effect on our economy and do more harm than good. In short, it’s wrong for the economy and it’s wrong for Missouri.
Analysts predict this bill will dramatically increase the cost of fuels citizens and businesses use every day. As a result, the financial burden on the American consumer will undoubtedly grow as the prices for gasoline, diesel and home heating oil rise.
The Senate needs to take a hard look at the numerous consequences of operating a trading program like the one proposed. Americans will be forced to further tighten their purse strings whether our elected officials in Washington want to believe it or not. Additionally, the renewable energy standard in this and other bills will harm us as we are forced to pay more for our energy.
Our country is suffering from one of the worst economic recessions since the Great Depression. Frankly, it is just financially irresponsible to consider legislation that would impose the biggest tax hike in American history when so many people and businesses are already struggling to make ends meet. Our country simply cannot afford to take this gamble at this time.
I hope you share my concerns and will contact our elected officials in Washington to oppose this legislation.
Rep. Walt Bivins
Chairman of the (Missouri) House Special Committee on Energy and the Environment
