New ad opposing cap and trade / Kerry-Lieberman bill released today

AmerciasPower.org – an advocate for coal energy – released an ad regarding the Kerry-Lieberman energy bill today:

The ad argues that the bill goes too far at costing American jobs, but does little to explain why the bill would cost jobs. The sponsor’s hope is that you will go to the website to find out more regarding the changes they hope to make to the bill.

Among those changes their advocating:

  1. Creating effective cost containment measures to protect American consumers
  2. A framework for innovative technologies and funding for innovation programs
  3. Not picking, in their words, “energy winners and losers”, which they say will lead to an imbalanced energy portfolio
  4. Eliminating or changing cap and tax programs that cost Americans jobs and stifle innovation
  5. Simplifying the bill so that it is not a complex and redundant regulation system which they claim is filled with loopholes, bureaucracy, conflicts and redundancy. The energy plan they propose is streamlined and ultimately, a public-private partnership, not another government takeover.

They also provide a fact-sheet regarding the bill.

For more good commentary, read Nick Loris from Heritage. Loris writes:

Under the Kerry-Lieberman bill (the 987-page “American Power Act”) levels of carbon-dioxide emissions would supposedly drop, by 2050, to 80 percent below what they were in 2005. How? By increasing energy prices.

Of course, this would kill jobs. Kerry-Lieberman also would protect large corporations at the expense of consumers — and all for a minimal effect on temperatures.

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