The Stated Purpose of this bill is, “To create clean energy jobs, achieve energy independence, reduce global warming pollution and transition to a clean energy economy.”

It will achieve none of these purposes, but will result in massive unemployment and a continuing decline in the economy. Why do we know this? The impact of the cap and trade bill will be a disaster. To quote President Obama, "Under my plan of a cap and trade system, electricity rates would necessarily skyrocket." ‘Skyrocket’ is estimated to be $1,700 per year for the average household.

The push for this is ‘global warming’ with its supposed accompanying disasters. Let’s examine three global warming myths:

Myth 1. – Sea levels are rising and soon will flood coastal cities and Pacific Islands.

Fact: Sea level has risen and is continuing to rise – very slowly. Data from 158 NOAA (National Oceanic and Atmospheric Administration) stations around the world show that sea level is rising at some stations and falling at others. The current rate of rising is 2.42 inches per century and is showing no sign of increasing.
http://tidesandcurrents.noaa.gov/slt...ndtablefc.html

Myth 2. – The Arctic Cap is vanishing growing smaller and smaller each year.

Fact: Polar sea ice area has increased by 1.5 square kilometers at its minimum (always observed in September) and is nearly back to 1978-2000 mean. Polar ice has stopped pulling back. The bears will not die.
http://arctic.atmos.uiuc.edu/cryosphere/

Myth 3. – It is getting hotter.

Fact: It is getting colder. Again to quote NOAA, Based on data through the end of 2008, the contiguous U.S. experienced a nationally averaged temperature that was the coolest in more than ten years. The average temperature of 53.0°F (11.7°C) was 0.2°F (0.1°C) above the 20th century (1901-2000) mean.

http://www.ncdc.noaa.gov/oa/climate/...s-summary.html

This bill has already passed the House and is coming to the Senate. I strongly suggest that we all write our senators and ask them to vote ‘no’ on Cap and Trade.