Cap and Trade now called Pollution Reduction and Investment (PRI)

Sneaky Sneaky Democrats. But let me make this clear. Changing the name of bill does not change what it will cost us. Changing the words you use will not make us like it any better. Changing you is the only foreseeable change we would like to see.

A baker can't bake bread any faster than nature allows, A factory making chicken broth can't make the water boil any faster, Glue or Paint won't dry any faster because this bill has passed....This bill would be devastating to our economy, and yes every person will be affected if this passes. Just like Obama said, "Under my plan of a cap and trade system, electricity rates would necessarily skyrocket."



Keep in mind that Spain passed a bill pretty much identical to the plan that the Democrats are pushing and unemployment rose to 20%. They are now repealing the law that has caused such devastation to their economy.


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Senate Climate Bill Drops "Cap and Trade" Term

Senate Democrats tried out a new catch phrase Wednesday to sell their global warming bill: pollution reduction and investment, or PRI. But it's just another name for cap and trade, a term derided by Republican critics as "cap and tax" because it will increase energy prices and which Democratic polls have shown faring poorly with voters.

The rebranding is an indication of the uphill battle the climate bill — which would cap greenhouse gases and also allow industries to buy emission allowances — faces in the Senate.

A number of Democratic senators, currently entangled in the heated health care debate, said they continued to have trouble with key elements of the climate legislation. Several said it would be a huge challenge — perhaps impossible — to try to get a climate bill passed this year.

The idea to remake cap and trade into pollution reduction and investment came from Sen. John Kerry, D-Mass., author of the bill unveiled Wednesday. He came up with it about a month ago to refocus attention on what the bill would do, not how it goes about doing it.

"Cap and trade doesn't mean anything to people, " Kerry said in an interview, insisting that "this is an actual description of what's happening here."

At a news conference on the bill, cap and trade, the legislation's centerpiece, got nary a mention. Instead, the buzz words were "national security," "economic growth" and "jobs from clean energy development." Kerry and Sen. Barbara Boxer, D-Calif., the other key sponsor, entitled it The Clean Energy Jobs and American Power Act.

"We are here and we introduced this legislation because of one word — security," said Kerry. "It is time to reinvent the way Americans use energy."

The words "cap and trade," "global warming" and "climate" also didn't appear in a White House statement responding to the bill's introduction.

"With the draft legislation ... we are one step closer to putting America in control of our energy future and making America more energy independent," Obama said. "My administration is deeply committed to passing a bill that creates new American jobs and the clean energy incentives that foster innovation."

Cap and trade is still the centerpiece of the Senate bill, as it is in the House-passed version. Under cap and trade, emissions of heat-trapping gases from power plants, refineries and factories would face increasingly more stringent limits, or caps. Companies could then invest in pollution-reducing technologies, or buy and sell permits to meet the cap — the trade portion.

The bill calls for a 20 percent reduction in greenhouse gases by 2020, and an 80 percent cut by mid-century.

Environmentalists said Wednesday that all along they had been touting the energy security and jobs that would come from the bill.

"We don't even talk about it in terms of cap and trade," said Anna Aurilio, director of Environment America. "Cap and trade is a very confusing term and it is not accurate. What we are doing is reducing pollution."

Republican critics, who frequently have referred to the House-passed bill as "cap and tax" maintaining it would lead to soaring energy prices, weren't about to join in on the rhetorical shift.

"These are fancy, complicated words for high-cost energy," said Sen. Lamar Alexander, R-Tenn.

Sen. James Inhofe, R-Okla., a strong critic of climate legislation, said Kerry and Boxer were making "an earnest attempt ... to refashion the obvious" but that they "produced yet another massive energy tax that will destroy jobs (and) raise electricity and gasoline prices."

Sen. Roger Wicker, R-Miss., called the Democratic bill a "cap and trade scheme" that "would suppress our economic recovery, cost jobs across our economy and result in higher prices on everything from energy to food for every single American.".....