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Climate Change Legislation * USA - Will Increase Diesel Prices, Hurt Consumers
Washington,DC,USA -PR Newswire/SOA World Magazine -Oct. 29, 2009: -- The American Trucking Associations (ATA) First Vice Chair, Barbara Windsor, told the Senate Environment and Public Works Committee today that the current cap-and-trade proposal will increase the price and volatility of diesel fuel for the trucking industry without significantly reducing carbon emissions... Proponents of an economy-wide cap-and-trade system say increasing the price of fuel will reduce consumption, Windsor said, but that does not hold true in the trucking industry... Cap-and-trade requires oil refineries to purchase emission allowances that cover their direct refining operations and the amount of carbon produced by downstream combustion of the produced fuels. "The costs associated with obtaining these allowances will be passed on the fuel consumers in the form of higher prices," said Windsor. "A major petroleum supplier to the trucking industry has advised that diesel fuel costs could rise by up to 88 cents"... Cap-and-trade also will increase price volatility as carbon prices will fluctuate. Volatile fuel prices make it very difficult for trucking companies to accurately predict expenses and pass them on to customers...* The ATA’s plan
USA -Clean Mpg -29 Oct 2009: ... Alternatives as set forth in ATA's environmental sustainability plan include:
- A national 65 mph speed limit
- Governing new truck speeds to 65 mph or below
- Decreasing idling
- Reducing highway congestion through highway infrastructure improvements
- Increasing fuel efficiency through EPA's SmartWay Program
- Promoting the use of more productive truck combinations.
- Supporting national fuel economy standards for medium- and heavy-duty trucks.
* Capitol Comment: Cap and Trade is a $3.6 trillion gas tax on all Americans
Washington,DC,USA -The South East Texas Record, by U.S. Sen. Kay Bailey Hutchison -Oct. 30, 2009: -- There's something the Democratic lawmakers who are pushing cap and trade legislation don't want the public to know. The controversial climate change legislation winding its way through Congress will impose a massive new national gas tax, raising the cost of gasoline and diesel and jet fuels... An analysis of the Waxman-Markey cap and trade bill revealed this gas tax hike will reach $3.6 trillion and it will impact every American and important segments of our economy... Americans travel over 200 million vehicle miles each month, and annually we spend nearly $1.2 trillion on gasoline and oil. The average household spends five percent of its annual budget on fuel... For many, gasoline is a mandatory expense. And this legislation disproportionately hits middle and lower income households that tend to have longer daily commutes and must drive in order to work. These families will be hit especially hard by the projected $1 per gallon increase for the additional gas tax the cap and trade legislation will bring... Further, Americans will be double-hit by the gas tax when it results in higher prices for goods and services, such as groceries or utilities, that they must continue to purchase. Energy costs are among businesses' top operational expenses already... That is why I will fight the Waxman-Markey and Kerry-Boxer bills. We can improve the environment and economy through American ingenuity and technology advancement, not with taxes and mandates that increase costs and burden American families and businesses...
Labels: cap and trade debate
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