Capito, Coal-State Colleagues Voice Opposition to "Cap-and-Trade"
Rep. Shelley Moore Capito, R-W.Va., joined Republican Whip Eric Cantor, R-Va., and other coal-state colleagues at a news conference this morning on Capitol Hill to discuss their concerns about the Waxman-Markey "cap-and-trade" bill scheduled for a vote on Friday in the House of Representatives. Capito also issued the following statement:
"This bill amounts to a national energy tax on consumers, a tax on business and a tax that we can't afford. In a state that gets 98% of its electricity from coal and employs thousands of miners, a bill that penalizes domestic energy isn't a valid option.
"This bill essentially pits states like West Virginia against states like California and Massachusetts, and that's not the right approach. West Virginians shouldn't have to subsidize our friends on the coasts, particularly when other options are available.
"I will continue to argue that the bipartisan plan I recently introduced provides an opportunity to invest in renewable energy technology, invest in conservation and invest in clean coal - all without taxing consumers. We need an all-of-the-above energy strategy that capitalizes on all of our nation's available resources, not one that picks regional winners and losers."