One of the lynchpins in Obama’s “cap and trade” legislation was reducing our independence on foreign oil imports.
Guess what? The cap and trade bill that the House passed June 26 does exactly the opposite.
Why? According to Bloomberg:
The same amount of gasoline that would have $1 in carbon costs imposed if it were domestic would have 10 cents less added if it were imported, according to energy consulting firm Wood Mackenzie in Houston.
Does that make sense to you?
Then it means you aren’t a U.S. politician.