Cap-and-Trade Bill Worth the Cost

by South Carolina REP Coordinator Chester Sansbury, published in The State,, July 30, 2009

Inaccurate, misleading stories about efforts to confront the adverse impacts on humanity from greenhouse gas emissions seem endless.

Poorly informed alarmists and their followers are preaching economic gloom and doom if a cap-and-trade bill to reduce greenhouse gas emissions to help protect us from the health, economic and environmental costs of accelerated climate change is passed.

However, the independent Congressional Budget Office estimates it will cost the average household about $175 a year, or about 50 cents a day. Doing nothing will cost society much more. We either pay a little now or pay more dearly later.