From TruckingInfo.com Trucking, Construction Oppose New Climate Legislation, Which Caps Carbon Output and Prices Carbon Credits The American Power Act would establish a hard price collar on carbon emissions credits that operators would have to purchase. The initial floor rate would be at $12 a ton, increasing at 3 percent over inflation annually. The ceiling would be at $25 a ton, increasing at 5 percent over inflation each year. The legislation also includes $7 billion a year to improve the transportation infrastructure and efficiency. To address dependence on foreign oil, the bill would provide tax incentives to truck buyers and fleets for conversion to clean natural gas vehicles. The legislation would also support "efforts to create strong federal standards for greenhouse gas emissions and efficiency improvements in our vehicle fleet." Other provisions of the bill include investments in clean coal, nuclear, and renewable energy technologies.
What a great idea to hurt the hard working businesses that have poured their blood, sweat, and the majority of the taxes into building OUR country. Cap and Trade is a load of crap! It's just another way of saying welcome to China, your business is safe here. It's just another idea of Uncle Sams to make more money. Going green my *ss. If big business suffers we all suffer. Wake up America! How did we get to this point?????
Associated General Contractors' response PROPOSED SENATE CLIMATE BILL UNDERMINES EFFORTS TO BUILD GREENER STRUCTURES AND MAKE INFRASTRUCTURE MORE EFFICIENT
ATA says the bill forces truckers to pay for clean air three times over. Good exposition on the trucking industry's opposition here: Kerry-Lieberman climate change bill would “tax” truck diesel, gasoline
It just goes to show us just when you think they can't hurt us any more, they come up with more stupid.:Banghead