Details On Cap & Tax Mechanics Continue To Surface
By: Doug Busselman, Executive Vice President
In the aftermath of the U.S. House voting to pass the Waxman & Markey Climate Change legislation, details continue to find the light of day, presenting more clarifications on what might have gotten approved by the House vote. This piece by Simon Lomax for Bloomberg shares some perspectives on the way the Cap & Trade credits will be operating.
In spite of his being so thrilled with the passage, we are also seeing areas of improvement that President Obama would like to see the Senate handle when the proposal comes up for their consideration. It seems from this article that the deals made to get the legislation passed in the House will need to be tweaked in order to avoid an international trade war where other countries would also have to comply with the treatment being required of U.S. companies.
What does that say about the deals made in the U.S. House to gain passage? If you vote for this proposal, we’ll appreciate your support and work to get the Senate to fix what your vote requirement costs us…
From a Nevada perspective, we need to be certain to send our message of appreciation for the lone House member from Nevada who voted against the bill, Congressman Dean Heller. We should also remember the two U.S. House members from Nevada who voted in support of the bill, Congresswoman Berkley and Congresswoman Titus.
Should the legislation eventually gain passage in the Senate and approval from President Obama, we’ll have those who backed the legislation to “thank” for our increased energy costs and declining economic condition.
In the aftermath of the U.S. House voting to pass the Waxman & Markey Climate Change legislation, details continue to find the light of day, presenting more clarifications on what might have gotten approved by the House vote. This piece by Simon Lomax for Bloomberg shares some perspectives on the way the Cap & Trade credits will be operating.
In spite of his being so thrilled with the passage, we are also seeing areas of improvement that President Obama would like to see the Senate handle when the proposal comes up for their consideration. It seems from this article that the deals made to get the legislation passed in the House will need to be tweaked in order to avoid an international trade war where other countries would also have to comply with the treatment being required of U.S. companies.
What does that say about the deals made in the U.S. House to gain passage? If you vote for this proposal, we’ll appreciate your support and work to get the Senate to fix what your vote requirement costs us…
From a Nevada perspective, we need to be certain to send our message of appreciation for the lone House member from Nevada who voted against the bill, Congressman Dean Heller. We should also remember the two U.S. House members from Nevada who voted in support of the bill, Congresswoman Berkley and Congresswoman Titus.
Should the legislation eventually gain passage in the Senate and approval from President Obama, we’ll have those who backed the legislation to “thank” for our increased energy costs and declining economic condition.
Comments