Cap and Trade Then and Now


(White House - Amanda Lucidon)

President Obama (White House – Amanda Lucidon)

“Under my plan of cap-and-trade system, electricity rates would necessarily skyrocket.”

Candidate Barack Obama, San Francisco Chronicle, January 17, 2008

“As a result, your electricity bills will shrink as these standards [Proposed EPA regulations] spur investment in energy efficiency, cutting waste, and ultimately we’re going to be saving money for homes and for businesses.”

President Barack Obama, Conference Call, June 2, 2014

Source: FNC Special Report, June 3, 2014

— GCF —


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