Cap & Trade
On June 26, 2009, H.R. 2454, the American Clean Energy and Security Act of 2009, sponsored by Representatives Henry A. Waxman (D-CA) and Edward J. Markey (D-MA), passed the House of Representatives by a roll call vote of 219-212 (Roll Call 477). The Waxman-Markey bill amounts to a national energy tax that would devastate the agriculture industry and wreak havoc on the entire rural economy. If signed into law, the bill would cause energy prices to skyrocket for farmers and agriculture producers, reduce farming and production jobs, and broaden the scope of government intrusion into the agriculture industry. The Waxman-Markey bill creates a national energy tax that will do more harm to production agriculture, American industry, and our standard of living for dubious environmental benefits. From higher energy costs to lost jobs to higher food prices, cap and trade promises to cap our incomes, our livelihoods and our standard of living, while it trades away American jobs and opportunities.
Click here to download a printable policy brief on cap and trade (PDF)
Press Releases:
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The Ag Minute: Democratic Leadership Continues to Push National Energy Tax Despite Opposition
July 14, 2010
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The Ag Minute: Obama Continues to Push for Job Killing Cap & Tax Plan
June 29, 2010
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Lucas to Obama: Don't Politicize Crisis in Gulf to Push Cap and Tax Policy
June 15, 2010
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The Ag Minute: Kerry-Lieberman Cap and Tax Bill Recycled Version of Waxman-Markey
May 18, 2010
View All Cap & Trade Press Releases
Fact Sheets:
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New EPA Analysis Says Midwestern Electricity Consumers Lose Under Cap & Trade Bill
October 14, 2009
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The Cost of Cap & Trade: Good Paying Jobs
September 23, 2009
Additional Resources:
Economic Implications of the EPA Analysis of the CAP and Trade Provisions of H.R. 2454 for U.S. Representative Farms
August 2009
Agriculture Food and Policy Center
View Document
Waxman-Markey's Effect on Gas Prices in Your State
August 28, 2009
The Heritage Foundation
View Document
Impact of the Waxman-Markey Climate Change Legislation on the States
August 19, 2009
The Heritage Foundation
View Document
Analysis of The Waxman-Markey Bill Using the National Energy Modeling System
August 12, 2009
American Council for Capital Formation and the National Association of Manufacturers
View Document
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