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S. C. R. No. 15 As Referred by the House Rules and Reference Committee
As Referred by the House Rules and Reference Committee
| 128th General Assembly | | Regular Session | | 2009-2010 |
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Cosponsors:
Senators Husted, Carey, Faber, Seitz, Stewart, Patton, Schaffer, Gibbs, Schuring, Buehrer, Coughlin, Cates, Goodman, Grendell, Harris, Hughes, Niehaus, Wilson, Wagoner
Representatives Adams, J., Jordan, Blessing
A CONCURRENT RESOLUTION
| To urge the Congress of the United States to refuse
to enact cap and trade legislation that would
negatively impact Americans through the
elimination of jobs and by increasing the
costs
of goods and services and instead enact
legislation that encourages states to establish
and develop their own renewable energy portfolio
standards.
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BE IT RESOLVED BY THE SENATE OF THE STATE OF OHIO (THE HOUSE OF REPRESENTATIVES CONCURRING):
| WHEREAS, President Barack Obama has proposed legislation to
the United States Congress to implement a cap and trade emissions
trading system that would establish a cap on greenhouse gas
emissions, require those who emit greenhouse gases to purchase
government credits to offset emissions, and allow those emitters
to trade or sell those credits; and |
| WHEREAS, Companies that are required to participate in the
cap and trade program will ultimately pass the cost of
participation in the program on to consumers. The Congressional
Budget Office estimates that price increases resulting from a 15%
cut in greenhouse gas emissions would cost the average household
between 1.7% to 3.3% of its after-tax income every year, with
households in the bottom fifth of the income scale losing the
largest share of income; and |
| WHEREAS, The combustion of coal produces more than 50% of the
electricity generated in the United States, with Ohio receiving
more than 85% of its electricity from coal. Thus, the cap and
trade program will result in massive increases in energy costs for
all consumers because the cost to produce electricity from coal
will be markedly higher. The increased energy costs will
disproportionally impact states in the middle part of the United
States such as Ohio that are more reliant on coal. The
Congressional Budget Office has acknowledged that these increases
in energy costs will effectively act as a regressive tax affecting
every household in the nation, with a disproportionate effect on
poorer families; and |
| WHEREAS, The cap and trade program will result not only in a
massive windfall of hundreds of billions of dollars for the
federal government through the sale of emissions credits, but also
in the loss of hundreds of thousands of jobs. The program
ultimately will not result in the overall global decrease of
greenhouse gas emissions because many industries that emit
greenhouse gas will merely relocate to countries with less
stringent standards; now therefore be it |
| RESOLVED, That we, the members of the 128th General Assembly
of the State of Ohio, in adopting this resolution, urge the
Congress of the United States to refuse to enact cap and
trade
legislation that would negatively impact Americans through the
elimination of jobs and by increasing
the costs of goods and
services and instead enact legislation that
encourages states to
establish and develop their own renewable
energy portfolio
standards; and
be it further |
| RESOLVED, That the Clerk of the Senate transmit duly
authenticated copies of this resolution to the Speaker and Clerk
of the United States House of Representatives, the President Pro
Tempore and Secretary of the United States Senate, the members of
the Ohio Congressional delegation, and the news media of Ohio. |
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