which sets a price and declining limits on carbon dioxide emissions from power plants.
Republican lawmakers, however, say that paying a price for carbon dioxide emissions will close down power plants, balloon consumer electric bills, threaten national security and destroy Pennsylvania’s growing natural gas-based industrial economy. Wolf’s administration has estimated that the program would increase electricity bills in the short-term, but bring them back down by the end of the decade as money from the credits is spent on energy efficiency programs that ultimately result in lower electricity use.
That theoretically gives fossil fuel plants an incentive to lower their emissions and makes non-emitting plants — such as nuclear, wind and solar — more cost competitive in power markets.
I am quite sure every single household does not want to be forced to pay another tax simply by having oil or natural gas hearing.
It’s kind of like banning smoking all over again. The addicts will always fight for the drug that’s killing them. $