Friday, March 27, 2009

Government Should Compel Consumers to Use Alternative Energy, Congressman Says

Government policy should be crafted to raise the price of carbon-emitting energy sources so consumers are compelled to choose alternative energy, House Democratic Conference Chairman John Larson (D-Conn.) told CNSNews.com on Thursday. Larson agreed that such a policy would likely result in higher electricity prices for consumers but said this is needed to protect the environment from the possible “catastrophic results” of not implementing a pro-green energy policy. With cap and trade, the amount of carbon an energy company can emit is capped. If it exceeds that limit, the company can purchase credits (“trade”) that would go towards investment in green or alternative energy firms. “I think the government should serve as an impetus to do so, because as I said at the outset, not doing anything -- the catastrophic results that can come from that – are what drives this issue,” Larson told CNSNews.com when asked if boosting electricity prices through government policy to drive consumers to green energy was a good idea...CNS News

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