[r65] Rep. Koch Opposes Cap-and-Trade (6/24/2009)

Wednesday, June 24, 2009

Start Date: 6/24/2009 All Day
End Date: 6/24/2009

State Legislators Oppose Cap-and-Trade

Koch among legislators, business leaders & think-tanks from 39 states opposing energy tax bill

STATEHOUSE - State Rep. Eric Koch (R-Bedford) is one of 186 national and state leaders who signed an Americans for Tax Reform letter to all members of Congress, urging them to oppose House Resolution 2454, the American Clean Energy and Security Act.

The bill is also known as Waxman-Markey Cap and Trade act.

Among those joining Rep. Koch are state and national leaders, 119 current legislators from 39 different states, heads of think tanks, activist groups and organizations representing millions of American families.

An excerpt from the letter:

"The Waxman-Markey bill you are asked to consider will increase energy costs by $1,500 annually for the typical family of four. Further, the Heritage Foundation estimates that even with the estimated 26 percent reduction in electricity use, electric bills will increase $754 with the Waxman-Markey plan. Additionally, from 2012 to 2035, a typical family will spend $12,200 more on its electric bill than in the absence of Waxman-Markey."

Rep. Koch, a leader on energy issues in the Indiana House of Representatives, said:

 "Cap and trade would hit Hoosier consumers, businesses and industry particularly hard. Each state has its own unique mix of energy resources.  A gigantic federal energy tax on the use of coal, from which we produce 98.6 percent of our state's electricity, would be devastating to Hoosier families and businesses."

The full letter with all 186 signatories is available at www.in.gov/h65.

 

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Rep. Koch serves as assistant Republican caucus chairman and is a member of the House Commerce, Energy, Technology and Utilities Committee. He serves House District 65, which includes parts of Bartholomew, Brown, Jackson and Lawrence counties.