The American Clean Energy and Security Act of 2009, H.R. 2454, better known as cap and trade, passed the House on June 26th. The vote was 219, to 212.
This bill will not become law until it has been voted on by the Senate.
According to the bill, the purpose is to create clean energy jobs, achieve energy independence, reduce global warming pollution, and transition to a clean energy economy.
Interestingly enough, now days, because of our horrible financial troubles, all bills seem to emphasize that jobs will be created. If the economy were good, then the global warming argument would come first, and the job creation may not be mentioned at all.
The purported purpose of the cap …