Friday, February 12, 2010
Rep. Tom Emmer's House office issued the following Press Release:
Rep. Tom Emmer has introduced legislation to remove Minnesota from the cap and trade scheme the state entered into with passage of the 2007 Next Generation Energy bill. In order to comply with the new law, Minnesota joined the Midwest Renewable Energy Tracking System (M-RETS) which uses data from states and provinces in the Midwest to create a Renewable Energy Credit (REC) in the form of a tradable digital certificate for each MWh of energy produced.
"With the economy slowly recovering and the state facing another budget shortfall, the last thing we need is an artificial tracking system that will be used to raise our energy rates," said Emmer. "We need to get Minnesota out of this cap and trade system before the federal government starts penalizing businesses and homeowners for using more energy."
The cap and trade system was put in place as part of the Next Generation Energy Act that also forces utilities in Minnesota to produce 25% of their energy from renewable sources by the year 2025.
Read the full press release at Tom's House website.
Tom Emmer is also front-runner for the GOP endorsement for governor,
Unfortunately Emmer's amendment failed 88-44 Today.
"Unfortunately Emmer's amendment failed 88-44 Today."
My first thought was @#%*!^&
...but really, it's all about the $$$$$$$$$
Oh well, maybe Texas will fare better:
http://www.reuters.com/article/idUSN1661844120100216
Or maybe pigs will fly and a Michigan politician will step up to the plate!
*snort*