Massachusetts Democrat Ed Markey put it this way at MIT recently: "Do you want the EPA to make the decision or would you like your Congressman or Senator to be in the room and drafting legislation? . . . Industries across the country will just have to gauge for themselves how lucky they feel if they kill legislation in terms of how the EPA process will include them."
The Obama administration is using the EPA as the hammer to get their cap and trade program passed through Congress. If a business doesn't want to deal with the draconian rules of the EPA, they better get on board with cap and trade. Regardless of whether cap and trade is a good idea, doesn't this amount to extortion?
I wonder what the going price is in terms of a campaign contribution for an exemption?
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