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Tuesday, June 30, 2009

Hopefully Senator Inhofe is right, and Cap-And-Trade won't pass Senate

James Inhofe, R-Okla. doesn't think Cap-and-Trade will pass the Senate. Hopefully he's right, because if he's wrong, here's what we're looking at:

By 2035:

  • 58% gasoline price increase
  • 55% natural gas price increase
  • 56% home oil price increase
  • 90% electricity price increase
  • Annual tax increase $4,609
  • Average total family cost increase from 2012 to 2035: $71,493
Sounds like a great idea, doesn't it?

HT: AUP2

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