US House May Pass "Cap & Trade" Bill

jamie found this roundup on the status of the Waxman-Markey climate change bill, which is about to be voted on by the US House of Representatives. (The article notes that if the majority Democrats can't see the 218 votes needed for passage, they will probably put off the vote.) The AP has put together a FAQ that says, "[The bill, if passed,] fundamentally will change how we use, produce and consume energy, ending the country's love affair with big gas-guzzling cars and its insatiable appetite for cheap electricity. This bill will put smaller, more efficient cars on the road, swap smokestacks for windmills and solar panels, and transform the appliances you can buy for your home." The odds-makers are giving the bill a marginal chance of passing in the House, with tougher going expected in the Senate.

Comments

"insatiable appetite for cheap electricity."

[bugeaterr]

The problem of too much cheap electricity is about to be solved.

Re:Cap & Trade = Energy Rationing

[goldspider]

This can't be true. Obama promised that taxes would not go up for 95% of Americans.

Solution

[SuperKendall]

Obama promised that taxes would not go up for 95% of Americans.

Congratulations. You are no longer an American, but a Citizen Of The World (tm).

Here's you new tax bill.

Re:Cap & Trade = Energy Rationing

[AlexDV]

He told the truth. Taxes will go up for 100% of Americans.