Is Obama Administration Hiding True Cost of Cap-and-Trade?

GlobalWarming.org
September 28, 2009
by William Yeatman

The Obama administration is sending mixed messages on energy policy. On the one hand, Obama’s top budget guru Peter Orszag told Congress last year that a cap-and-trade is designed to raise the price of energy. On the other, the President says a cap-and-trade would spur economic growth.

Taxes and economic growth are mutually exclusive, so it seems as if President Obama is trying to have his cake and eat it, too.