Sunday, June 28, 2009

The Great Climate Tax | The New Ledger

If one truly cares about the planet, why do we want to make steel in China rather than in the United States where our carbon emissions are one-third that of the Chinese per ton of steel produced? One Arkansas refinery recently testified that under a cap-and-tax regime, they would be forced to close their 1,200-employee plant while India builds the largest in the world to ship fuel to the United States with nowhere near the environmental protections we have. We’re not helping the environment by sending industries that operate cleanly and efficiently in the United States to a regulation-free China or India.

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