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Tuesday, June 22, 2010

Carbon Tax On Electricity To Send Prices Skyrocketing


Americans already laboring under the financial duress of massive unemployment and the threat of a double-dip recession will be hit with massive electricity bill hikes if President Obama succeeds in ramming through the first salvo of his “green agenda” – a carbon tax on electricity companies which will be passed on to customers.

Obama is in a race against time to exploit fears over climate change as poll numbers show increasing skepticism towards the issue since the Climategate scandal emerged late last year. He is preparing to rush though a weakened version of the Kerry-Lieberman climate bill in an attempt to get a foot in the door, before pursuing the rest of the agenda after the November mid-term elections.'

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