Following a tour of the Big Stone Power Plant today, Rep. Kristi Noem reiterated her opposition to the cap-and-trade energy tax. During the plant tour Kristi Noem and plant officials discussed how policies like cap-and-trade, carbon taxes and other regulations could cause electricity rates to skyrocket, meaning higher utility rates for South Dakota families. A South Dakota Public Utilities Commission study from 2009 found that cap-and-trade would raise electricity rates nearly 50%.
"Not only will cap-and-trade hurt our farmers and ranchers by raising production costs, but it would also make it more expensive for South Dakota families to power their homes," said Kristi Noem. "What's troubling is that my opponent hasn't been forthcoming about his past as a cap-and-trade supporter. If the policies that Matt Varilek spent years advocating were now in place, South Dakota families would be paying an extra $1,700 as part of a new national energy tax."
Noem's opponent, Democrat Matt Varilek, spent years seeking to implement a cap-and-trade system before going to work for the United States Senate. Plans for a new coal-fired power plant were canceled as a direct result of proposed cap-and-trade legislation. As a result, South Dakota lost out on a new source of jobs and power.