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    What you may not know about the National Energy Tax

    Harry Reid
    Harry Reid

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    What you may not know about the National Energy Tax Empty What you may not know about the National Energy Tax

    Post  CrystalNewman on Sun Jun 28, 2009 10:18 pm

    I follow an interesting dude on Facebook named Allen West (Dis. 22 out of FL) He had this to say about the Energy Bill

    Washington, Jun 26 - Speaker Pelosi’s national energy tax is going to raise
    electricity prices, increase gasoline prices, and ship American jobs
    overseas to countries like China and India. This, we know.

    It would be a bureaucratic nightmare overseen by a confusing web of
    government agencies that would take and redistribute trillions of dollars
    from family budgets and workers payrolls. This, we also know. Even
    Agriculture Committee Chairman Collin Peterson (D-MN) admitted in the
    Washington Post this morning that: The truth is, nobody knows for sure how
    this is going to work. How encouraging.

    But what don¹t we know? Here are some facts you may not know about Speaker
    Pelosi¹s national energy tax:

    Homebuyers Beware. Trying to save up for a new home? You may have to save up
    a little longer for your purchase. The Democrats’ bill would dramatically
    increase new home costs by mandating California¹s expensive new building
    codes for the entire nation. Immediately upon enactment, the Democrats’ bill
    would demand a 30 percent increase in energy efficiency for new
    construction. A couple of years later, the Democrats’ bill would require an
    additional 50 percent improvement. These numbers were chosen with no concern
    for cost to consumers or feasibility in implementation.

    Homebuilders Beware. The Democrats’ bill imposes new mandatory regulations
    and civil penalties for homebuilders. If your state refuses to accept the
    stringent and costly California building codes, the federal government may
    assess penalties. And don’t get too comfortable with the new mandatory
    regulations because the Democrats bill allows for consensus-based codes
    to supplant those outlined in the bill. So, as soon as you’ve invested your
    hard-earned money to comply with the bill¹s mandates, the rug could get
    pulled from underneath you. Translation? You’ll pony up more and more

    Home Sellers Beware. Having a hard time selling your home? Here’s one more
    hurdle to jump: all homes sales are conditioned upon an energy audit and a
    new energy rating assessment and energy labeling program for your home
    that’s outlined in the Democrats’ bill. And if you thought you could improve
    your property with a fresh coat of paint and some granite counters? Think
    again! Now your home will be subjected to a new energy rating assessment and
    energy labeling program that will penalize you for older windows, original
    fixtures, and dated appliances. So the Democrats’ bill would bring down the
    value of your home!

    New Lights No Matter the Cost. As early as 2012, the Democrats’ bill
    eliminates all existing lighting technology used in many outdoor lighting
    fleets (parking lots, stadiums, secured facilities like power plants and
    factories). Just as an example, switching to the mandated technology in the
    bill will cost one small utility about $30 million in annual revenue. So you
    now have to comply with the new mandates for new lighting? Hold the phone.
    It is not clear that a feasible alternative technology is available for
    every existing lighting application (regardless of cost) which could force
    some businesses to close.

    The consequences of Speaker Pelosi’s national energy tax for families and
    small businesses are real. It will drive up energy costs, send millions of
    jobs to countries like China and India, and place an especially heavy burden
    on rural America. There is a better way. House Republicans have proposed the
    American Energy Act, legislation that represents the fastest route to a
    cleaner environment, lower energy costs, and more American jobs. The
    legislation would:

    Increase environmentally-safe energy production on remote lands and far off
    our shores;
    Promote the use of alternative fuels that will reduce carbon emissions, such
    as nuclear, clean-coal, and renewable energy technologies; and
    Encourage increased efficiencies and cutting edge technologies to maximize
    America’s energy potential.
    Today’s vote on Speaker Pelosi’s ill-advised national energy tax will have
    consequences for every American. It is a bad deal for America. And the
    American people will remember how their Members of Congress vote.

    Here is the impact to Florida Congressional district 22. These statistics are provided by the Heritage Foundation ( http://tiny.cc/v5IBi ):

    Gross State Product Loss
    -GSP Loss , 2012 (in millions) –$278.59
    -Average GSP Loss, 2012–2035(in Millions) –$554.65

    Personal Income
    Personal Income Loss in 2012 (in Millions) –$507.32
    Average Personal Income Loss, 2012 –2035 (in Millions) –$293.82

    Non-Farm Jobs
    Non-Farm Job Loss in 2012 –3,907
    Average Non-Farm Job Loss, 2012–2035 –2,715

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