The National Association of Manufacturers today sent a letter to the U.S. Senate registering the NAM’s objections to S. 3036, the Lieberman-Warner Climate Security Act. Votes on final passage and major amendments will be included in the NAM’s evaluation of Senators’ voting records.
A statement of general principles:
Our member companies are committed to pursuing reductions in greenhouse gas (GHG) emissions, provided that any commitments made by the United States are mirrored by comparable commitments by our trading partners, are based on sound science and cost-effectiveness, and are applied equally throughout the economy.
The NAM opposes the bill’s cap-and-trade provisions because the bill specifically:
Does not pre-empt conflicting state and local climate change laws and/or regulations; Imposes major new requirements on businesses without sufficiently protecting U.S. competitiveness or funding the research, development and commercial deployment of essential new technologies; Omits “safety valve” provisions that are key to ensuring cost containment; Is limited in scope and does not include all sectors of the economy; Unnecessarily increases demand on natural gas, driving up energy costs and job losses; Does not adequately promote global participation; and Creates a multitude of conflicting and duplicative regulations for manufacturers.
The Key Vote letter is available here.
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