Guest Blogger: Rep. Lamborn on Copenhagen’s Threat to US Sovereignty
Rep. Doug Lamborn /
In the next few days President Obama will venture to Copenhagen, Denmark to attend the 15th Conference of the Parties to the United Nations Framework Convention on Climate Change, which began last week. One of the discussed goals of this conference is the creation of a universal climate change treaty.
I am concerned that any job-killing, cap-and-tax style treaty could seriously harm American families, small businesses, and American sovereignty. Our economy is facing a skyrocketing national debt and 10 percent unemployment. The United States must reject any attempt by international bureaucrats to stifle economic growth with a massive energy tax or by huge transfers of wealth from the U.S. to other countries.
Right now in Congress, if the cap-and-tax bill were to be enacted into law, one analysis indicates it will reduce gross domestic product by nearly $400 billion annually. According to a study by the National Black Chamber of Commerce, cap-and-trade would cut net employment by 2.5 million jobs. Any such tax on an international scale would likewise devastate our economy. President Obama must keep this in mind during his upcoming trip. (more…)