EPA: Cap-and-Trade Bill Could Hurt U.S. Manufacturing, Send Factory Jobs Overseas

[Revmitchell]

According to an analysis of climate legislation performed by the Environmental Protection Agency (EPA), the cap-and-trade system favored by President Barack Obama and many congressional Democrats could potentially damage the U.S. manufacturing sector and force jobs to move overseas.

The policy, under certain scenarios, for example, “can cause domestic production … to shift abroad,” reads the EPA analysis, and result in greater greenhouse gas emissions in countries that do not have similar cap-and-trade rules.

More Here

 

[OldRegular]

According to an analysis of climate legislation performed by the Environmental Protection Agency (EPA), the cap-and-trade system favored by President Barack Obama and many congressional Democrats could potentially damage the U.S. manufacturing sector and force jobs to move overseas.

The policy, under certain scenarios, for example, “can cause domestic production … to shift abroad,” reads the EPA analysis, and result in greater greenhouse gas emissions in countries that do not have similar cap-and-trade rules.

More Here

The cost of "cap and trade" may finally cause the majority of Americans to wake up and demand impeachment of the Fascist in the White House and his allies in Congress.