
Policymakers in Washington want to dramatically change America’s energy policy by regulating carbon dioxide emissions. Their most popular idea is 'cap and trade'.
Put simply, 'cap and trade' is a tax on energy consumption. In fact, it is a huge tax. If enacted, cap-and-trade will be one of the government’s largest revenue sources within the next decade. Since 85 percent of our energy demand is met through fossil fuels, increasing the costs of energy will have significant economic consequences.
Circling back to the effects of higher energy prices on the economy, forcing costlier renewable energy makes the economic impact only worse. According to The Heritage Foundation’s Center for Data Analysis, job losses resulting from 'cap and trade' will surpass 900,000 annually in just a few years. Keep in mind; this is net of any “green jobs” created.
4/30/09 – 5:38 p.m. at 400 block of S. 3rd, Danville.
Dennis Lee Roscum, 55, Danville; simple domestic abuse assault.
4/29/09 – 7:00 a.m. at 1221 S. Gear (GRMC), West Burlington.
Joy Ann Holbert, 41, 2731 Mt. Pleasant St. #32, Burlington; fifth degree theft.
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