At a press conference this morning, a number of business and interest groups announced the formation of a new coalition to oppose cap-and-trade public policy. The No Cap-and-Trade Coalition says it will kick-off its campaign with a new advertisement and website (NoCapAndTrade.com).
The website includes a petition that visitors can sign to express their opposition to the Waxman-Markey cap-and-trade bill and the United Nationâ€™s proposed climate treaty expected to be debated in Copenhagen this December. The group is also bringing a localized educational program to areas of the state, featuring the new global warming documentary film, â€œNot Evil, Just Wrong.â€
The coalitionâ€™s website also includes a campaign to boycott 20 organizations that are supporting cap-and-trade. Companies that are part of the boycott include Starbucks, The Gap, e-Bay, Leviâ€™s and Nike amongst others.
The No Cap-and-Trade Coalition consists of several non-partisan, non-profit Minnesota organizations who are concerned about the devastating impact a cap-and-trade scheme could have on American families and the faltering US economy. â€œWe need energy to turn things around,â€ explained Linda Runbeck of the Minnesota Free Market institute, â€œa massive new tax on energy is the last thing we need right now. Cap-and-trade would be destructive to our economy.â€
At the onset, cap-and-trade is projected to cost the average family over $1,700 per year in new energy costs, growing to over $6,000 per year by 2035. Independent analyses of cap-and-trade proposals project the loss of millions of additional jobs and trillions of dollars out of the nationâ€™s GDP. â€œCap-and-trade is a huge tax on everything,â€ said Minnesota Majority president Jeff Davis.