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INTERVIEW: Rep. Cooper Voted For Higher Utility Bills, Income Reduced By $2074 And 25,628 TN Jobs Lost

August 25, 2009

Dear producers and reporters:
When Tennessee Congressman Jim Cooper (TN-5) voted for the Waxman-Markey energy tax bill in June, he voted to wreak havoc on the state's economy. Waxman-Markey would reduce personal income in Tennessee by $2,074 annually and cost the state 25,628 jobs annually starting in 2012, according to an analysis by the Heritage Foundation.

Since about 63% of Tennessee's electricity is produced by burning coal, Waxman-Markey could increase monthly electric bills in TN by about 60%. Keep in mind that:

  • This is just the increase in the direct cost of electricity to Tennessee ratepayers -- i.e., what they may see in their monthly bills. Since all goods and services are produced with electricity, any increase will ripple throughout the economy, making everything more expensive. Waxman-Markey is a form of inflation.
  • To the extent that Waxman-Markey makes consumers pay more for electricity, they will have less discretionary income to spend on other goods and services. 
  • No commensurate environmental benefit will be achieved for these increased costs -- a point that both the global warming skeptics and global warming alarmists agree. Skeptics don't think that manmade CO2 emissions discernibly impact the climate. Alarmists don't believe the Waxman-Markey CO2 cuts are steep enough to have an impact on the climate. 
  • No regulatory certainty will be result from Waxman-Markey -- except that extreme environmental groups will have a great ability and framework within which to make regulation more stringent and expensive.

Waxman-Markey is an economic and environmental loser. The only winners will be a few big businesses that have successfully lobbied for a piece of the Waxman-Markey pie -- a pie that will be dearly paid for by American consumers, taxpayers and the vast majority of American businesses.

Tennessee voters should let Rep. Cooper know that by voting for Waxman-Markey, he's placed his own job at risk too.

To discuss this issue and how Waxman-Markey will impact your family, finances and business, please contact us to schedule an interview with Steve Milloy, Publisher of JunkScience.com and author of Green Hell: How Environmentalists Plan to Control Your Life and What You Can Do to Stop Them.

Best,
Audrey Mullen
Advocacy Ink
Ph. 703-548-1160

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