Cap and Trade Sentence of the Day

Nicolas Loris /

In other words, the cost of a suitcase of Budweiser could make or break the country’s most ambitious environmental program.”

That’s the Wall Street Journal’s Keith Johnson discussing numbers from the most recent Washington Post-ABC News poll. When asked about cap and trade, 52 percent of responders supported such a program – the same as last month but down from 59 percent a year ago. More interesting, though, is how the responses change when asked how much one would be willing to pay in higher electricity bills.

When asked if a cap and trade program “significantly lowered greenhouse gases but raised your monthly electrical bill by 25 dollars a month” – then only 39 percent support cap and trade while 59 percent oppose it.