Cap-and-trade still a problem for Huntsman
While it’s hard to find a Republican running for president that hasn’t supported cap-and-trade - although most of them have magically changed positions, Jon Huntsman, the former Governor of Utah and US Ambassador to China, still seems to support the concept, according to comments recently made in an interview with Time:
Cap-and-trade ideas aren’t working; it hasn’t worked, and our economy’s in a different place than five years ago. Much of this discussion happened before the bottom fell out of the economy, and until it comes back, this isn’t the moment.
So, “this isn’t the moment”? I guess we’ll wait until the economy improves to try it? Sorry, that’s not good enough. The proposal that has been put forward is not something to be so passive about. It would could cost American families a lot of money. The Obama Administration estimated that it would cost the average family nearly $2,000 a year; or as CBS noted, the “equivalent of hiking personal income taxes by about 15 percent.” The Heritage Foundation gave a much higher figure in terms of average costs over the long-term; nearly $7,000 by 2035.
Even if the economy improves, would you really consider implementing a policy that is clearly going to make energy more expensive? That is the question that Republican voters should be asking Huntsman.
Other bloggers, including Chris Horner, Ed Morriessy and Stephan Tawney, are taking issue with his comments on “climate change” (or global warming). Huntsman claims that “90 percent of the scientists say climate change is occurring.” Those posts are worth reading, but I think it’s more important to stick to the issue of the policy Huntsman has supported in the past than get distracted by arguments about the existence of global warming, climate change or whatever the hell you want to call it.