Manufacture This: 10 Democrats Express Concern over Cap and Trade

Nicolas Loris / August 07, 2009

Ten Senate Democrats recently expressed their concern over cap and trade legislation that would dramatically increase energy prices and particularly hurt the country’s manufacturing base. In a letter sent to the White House, Senators from Ohio, Indiana, Michigan, Pennsylvania, Wisconsin, Minnesota and West Virginia wrote:

As Congress considers energy and climate legislation, it is important that such a bill include provisions to maintain a level playing field for American manufacturing. Manufacturing accounts for more than 10 percent of our economy and nearly three-fourths of the nation’s industrial research and development. Manufacturing jobs also pay 20 percent more on average than service jobs and have a strong multiplier effect. (more…)