Follow Trey
- KYTrey: Good legislative day as our 3 bills that will reduce red tape for businesses & our 2 bills improving elections passed out of committee.
- KYTrey: Visited HQ of Vision Motor Cars which plans to build plug-in electric cars in Whitley Co in near future. http://www.visionmotorcars.com.
- KYTrey: At 13th Region finals watching Corbin & North Laurel play for trip to Sweet 16. North Laurel is coached by my old Dixie teammate Jim Conway.
- KYTrey: Just had lunch with Kate at her elementary school. Had chicken sandwiches, corn, applesauce & milk. I was the only boy at the table.
- KYTrey: Just finished recording KSR podcast. Had a lot of fun talking UK basketball and politics, two of my favorite topics, with @KYSportsRadio.
Energy
"Under my plan of a cap and trade system electricity rates would necessarily skyrocket." – Barack Obama
I oppose the cap and trade plan that passed by the U.S. House of Representatives by a narrow margin and that is currently under consideration in the U.S. Senate.
It is a tax on energy, and it would affect every Kentuckian each time we start our cars or turn on a light switch. This law, if passed, would cause dramatic job losses in Kentucky, both due to the use of less coal and through higher energy costs that will kill manufacturing jobs.
Coal must be a part of a comprehensive national energy solution. We need an all-of-the-above national energy plan that will increase use of our domestic energy resources, including coal, while encouraging and incentivizing investment in alternative sources of energy and new technologies to help us use our domestic resources in an environmentally friendly manner: clean coal technology, carbon sequestration, nuclear power, bio-fuels, solar and wind energy, drilling off-shore, use of oil shale, etc.
Reducing our dependence on foreign energy will create American jobs and help protect our national security. Click here to learn about my stance on recent EPA decisions that could negatively impact Kentucky jobs.
Read More About Cap and Trade
Employment:
"'The net effect of that we think would likely be some decline in employment during the transition because labor markets don't move that fluidly,' Mr. Elmendorf said, testifying before the Senate Energy and Natural Resources Committee."
Economy:
"The CBO estimates that the House-passed climate legislation, a template for the Senate version, would reduce gross domestic product by up to 0.75% by 2020 and 3.5% by 2050."
Source: http://online.wsj.com/article/SB125555070414585571.html#printMode
