Thompson Criticizes Cap and Tax Legislation

May 5, 2009
Press Release

Washington, DC—U.S. Representative Glenn `GT’ Thompson today joined his colleagues in the  American Energy Solutions Group in a public summit to oppose the Democrat’s misguided national energy tax, called Cap and Trade.

“The truth behind the cap and tax plan is that it will lead to more taxes, fewer jobs, and more government intrusion,” said Thompson.  “It won’t just raise the price of gas at the pumps and increase our home heating and cooling bills—but it will increase the cost of every product and service on which we rely.”

Testifying at the summit, Dr. Gabriel Calzada Alvarez of King Juan Carlos University in Madrid, Spain, denied that green jobs in his country had been a success story as President Obama has suggested.  Calzada said that 2.2 jobs were lost for every one green job created.  The price of energy in his country has gone up 31 percent and the system has been unreliable with blackouts leading some producers to move their plants to other countries.  Spain’s jobless rate hit 17.4% in March, double last year’s figure.

Calzada said that last week British Petroleum closed two solar plants in Spain and said the wind and solar industries are losing thousands of jobs.

“In this country, the President’s energy plan is a $646 billion tax that will hit almost every American family, small business and family farm,” explained Thompson.  “This makes no sense considering the current economic crisis in which we find ourselves.”

The public summit held by the Republican American Energy Solutions Group included witnesses from the National Association of Manufacturers and policy analysts from The Heritage Foundation and the American Enterprise Institute.

The summit in Washington is the kickoff of a series of summits throughout the country, including one in Pittsburgh on May 26th.

Added to Thompson’s concern over cap and tax is an administration decision to overturn an existing rule in order to require all federal agencies to consult with the U.S. Fish and Wildlife Service on any action that could potentially harm a species under the Endangered Species Act.  “This could be used to challenge domestic energy development and job creation across the country, including in the Allegheny National Forest,” said Thompson.

Because it has been determined that climate change endangers the habitat of the polar bear, any activity that increases greenhouse gas emissions could be challenged under the ESA under the new rule.