kingston.house.gov

Kingston
Contact: Legislative Staff

Details on Cap and Tax Agreement

Washington, Jun 23 -

As reported below, House Democrats have reached a deal on instituting their national energy tax known as "Cap and Tax".The agreement makes two changes to the original version:

The USDA, not the EPA, will be in charge of managing an offset program that pays farmers and other landowners to conduct environmentally friendly projects
The EPA is blocked for at least 5 years from calculating "indirect" greenhouse gas emissions from land-use changes in implementing the federal biofuels standard

Democrat staff on the House Energy and Commerce Committee is expected to draft the legislative language overnight for release tomorrow morning. This will give us less than 24 hours to go over a bill which will institute a national energy tax on almost every America. Stay tuned for updates.If you'd like to weigh in on global warming and the national energy tax, click here to take Jack's survey. After completing the survey, please take time to provide additional thoughts by clicking here.