By Institute for Energy Research —— Bio and Archives--October 20, 2009
Global Warming-Energy-Environment | Comments | Back To Full Article
The cap and trade bills circulating in Congress (such as H.R. 2454, the Waxman-Markey bill) not only “tax” the people of the nation for the right to reduce greenhouse gas emissions in this country, but they contain additional energy-related “tax” provisions.[i] One of these is a Renewable Portfolio Standard (RPS) that requires 20 percent of electricity generation to come from qualified renewable technologies by 2020.[ii]
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