Issue Position: Cap and Trade

Issue Position

Cap and trade is a direct attack on Indiana's economy. Under an emissions trading scheme like cap and trade, the federal government would force Indiana utility companies and manufacturers to buy "emissions credits" to meet unrealistic emissions standards. The cost to either meet the emissions cap or trade for more credits will be passed on to Hoosier families, or simply drive our manufacturing jobs overseas. With over 600,000 Hoosiers earning a living through jobs based in manufacturing, and 94% of our state's energy produced by coal, Indiana would be one of the hardest hit states in the country. The effects of such a system would be devastating to Hoosier families: skyrocketing energy costs, job losses, and families with shrinking household incomes. I oppose taxes--both direct and indirect--and a cap and trade system is just another hidden tax on Hoosiers, and I strongly oppose it.

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