"Fuel prices for consumers are going to be driven up once fuel is covered under cap-and-trade at the start of next year, weakening the economy just as California is recovering from the last recession, and hurting the most vulnerable members of our communities who must commute to work and drive long distances for necessary services like medical care," they wrote.Hey! Soak the rich!
The letter signals a break in the Democratic ranks over California's robust cap-and-trade program -- something Democrats at the national level have been unable to push through Congress.
California already has the highest average gas prices -- topping out at over $4 per gallon -- in the continental United States. The prospect of that price rising higher still has lawmakers of both parties concerned it could stunt economic growth at a fragile time.
Sunday, June 29, 2014
Dem lawmakers worry California’s cap-and-trade expansion will drive up gas prices
Amazing. My jaw just clanged on the floor. Dems actually CARING about the poor!