Bill Foster on the environment
October 25, 2010 5:26PM
Updated: December 26, 2010 4:36PM
From Anita Mitchell of Sugar Grove: What is your vision for utilizing new technologies to create a cleaner environment (water and air) that can also provide jobs for Illinois? What can be done in the near future to ameliorate our dependence on fossil fuels and give our children a less threatened, more habitable planet?
The fact check
The Cap and Trade bill would set limits on carbon emissions and then charge companies for permits to emit those carbons. In theory consumers would pay more in the short term for energy for significant long-term savings. The Cap and Trade bill is House Resolution 2454. The resolution passed 219-212 with mostly Democrats voting “yes” and Republicans voting “no.” Bill Foster voted against the bill. The measure is awaiting a vote in the Senate.
Full text and information on the bill is available at the above link.
Many people may be not be familiar the report by McKinsey & Co. The report studies inefficiencies in the United States energy policies.
According to the summarized findings: “The research shows that the U.S. economy has the potential to reduce annual non-transportation energy consumption by roughly 23 percent by 2020, eliminating more than $1.2 trillion in waste. The reduction in energy use would also result in the abatement of 1.1 gigatons of greenhouse gas emissions annually — the equivalent of taking the entire U.S. fleet of passenger vehicles and light trucks off the roads.”
To read more about the report, go to the link above.
- Matt Hanley