Gingrey Votes Against Democrats' Cap and Trade Bill
Democrats' "energy" proposal passes Committee
For the past four days, Congressman Phil Gingrey, M.D. (R-GA) has been involved in a marathon mark-up of the Democrats' Cap and Trade energy legislation which is being considered in the Energy and Commerce Committee. If passed, this bill - H.R. 2454, the American Clean Energy and Security Act - would impose artificial emissions standards on American companies and energy producers, increasing the cost of doing business and forcing them to cede market share to overseas competitors who will not be subject to these limits on carbon dioxide emissions. Congressman Gingrey voted against the measure, which was approved by the Energy and Commerce Committee by a vote of 33 to 25, almost exclusively with Democratic support.
"When you consider that this bill will increase the average family's energy bill by more than $3,000 a year, while making it more difficult for American businesses to compete with foreign industry, this bill never should have seen the light of day," said Gingrey.
"We should scrap this cap and tax legislation and work on energy solutions that truly sever our reliance on foreign sources of energy," Gingrey continued. "I have cosponsored the H.R. 2300, the American Energy Innovation Act - legislation that encourages innovation within the energy market to create renewable fuel options that will work in this country, promotes greater conservation and efficiency, and most of all focuses on increasing the responsible production of American energy by utilizing the many resources and reserves we have within our borders. This strategy recognizes the benefits of conservation and incentivizes good practices, instead of punishing a number of hardworking industries that are already struggling to make ends meet."
With approval from the House Energy and Commerce Committee, the American Clean Energy and Security Act now awaits consideration in several other committees of jurisdiction prior to moving to the House floor.