State Withdrawal from Regional Climate Initiatives

State Withdrawal from Regional Climate Initiatives

WHEREAS, there has been no credible economic analysis of the costs associated with carbon reduction mandates and the consequential effect of the increasing costs of doing business in the State of ______;

WHEREAS, forcing business, industry, and food producers to reduce carbon emissions through government mandates and cap-and-trade policies under consideration for the regional climate initiative will increase the cost of doing business, push companies to do business with other states or nations, and increase consumer costs for electricity, fuel, and food;

WHEREAS, the Congressional Budget Office warns that the cost of cap-and-trade policies will be borne by consumers and will place a disproportionately high burden on poorer families;

WHEREAS, simply reducing carbon emissions in the State of ______ will not have a significant impact on international carbon reduction, unless countries like China, Russia, Mexico, and India make similar reductions in carbon emissions;

WHEREAS, a tremendous amount of economic growth would be sacrificed for a reduction in carbon emissions that would have no appreciable impact on global concentrations of CO2;

WHEREAS, no state or nation has enhanced economic opportunities for its citizens or increased Gross Domestic Product through cap and trade or other carbon reduction policies;

and WHEREAS, Europe’s cap and trade system has been undermined by political favoritism, accounting tricks and has failed to achieve the carbon reduction targets,

THEREFORE, BE IT RESOLVED, that the legislature of the State of ______ urges the Governor to withdraw [state] from the regional climate initiative.