by Michael McKenna at Business & Politics
Last Thursday, the Senate Committee on Environment and Public Works reported legislation (the Prove It Act) that sets the stage and lays the foundation to impose a carbon dioxide tax on American families, workers, and consumers.
This new energy tax was voted out of committee 14-5, with four Republicans — Senator Kevin Cramer (from North Dakota, an energy producing state), Senator John Boozman (Arkansas), Senator Graham (South Carolina), and, most inexplicably, Senator Cynthia Lummis (from Wyoming, another state that produces energy) — joining ten Democrats to create this new tax.
Five Republicans, led by Senator Capito from West Virginia, voted against the new energy tax.
Like all energy taxes, this one will fall hardest on the poor, the elderly, those on fixed incomes, and local institutions that have limited budgets, like schools and hospitals.
The legislation sponsors, which include Senator Cramer, have tried to disguise the actual intention of the legislation — which is to increase the price of energy and everything grown, made, or transported with energy in an attempt to address global warming — with propaganda about being tough on our trade competitors, including China.
That charade is so embarrassingly thin that even Politico ignored it and declared in a headline: “Senate Committee OKs Carbon Tariff.”
The legislation directs the Team Biden over at the Department of Energy to set up…Continue Reading