Monday, April 20, 2009

The EPA decision and your utility bill

Buried between the news of the pirates and the handshake between Obama and Chavez in Trinidad was the news that the EPA Administrator Lisa Jackson had signed a 133-page endangerment filing which clearly declares that greenhouse gases are harmful to human health. While it may be incredible to believe it has taken the EPA this long to come to this conclusion, this step helps the Obama administration and their supporters in Congress continue to press for comprehensive climate legislation. The ruling now goes to a 60 day public comment period, after which the EPA must act to regulate emissions that contribute to green house gases. The American Clean Energy and Security Act put forth by Senators Waxman and Markey includes regulations on emissions and will probably be debated further before the EPA is forced to act. It seems the Obama administration would rather have new regulations imposed by congress rather than by the EPA. For the interested I have attached the 133 page document to your right.
So what does this mean for the homeowner? Let's say I make electricity. I have built an enormous coal plant in western Wyoming and service many of the western states with my electricity. Under any climate legislation passed by the U.S. Congress I will be taxed on the emissions my coal plant produces. Now if you were me, would you absorb the costs of the new tax, thereby reducing your profit, or would you pass them off to the hundreds of thousands of customers that have no choice in the matter? Exactly. Welcome to the new age of energy costs.
Instead of waiting until your energy bill has a "American Clean Energy and Security Act Surcharge" on it, call us so today so we can help you take the steps towards a more energy efficient home.

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