The Up-Side of Cap and Trade

Ryan Cody
NewsChannel 10

Amarillo, TX - You could soon be forced in to spending more on the environment. Experts say the pending cap and trade bill would affect everyone who lives in the United States. From the farmers of the Texas Panhandle to anyone who drives a car and even the growing wind industry.

If people were forced to search for cleaner forms of energy. They may not need to search any farther than a growing business here in the high plains. "If we see more wind development, more solar development because of this bill, than we could also see more business development because of it, says A. J. Swope of Class 4 winds in Amarillo.

And business development means job creation Swope says, "There will need to be more business to take care of those facilities. To manufacture more parts for those facilities. And in turn there will need to be more workers. More jobs."

But a Senate study group found that if the house climate change bill was enacted, it would cost American taxpayers 3.6 trillion in over the next 40 years.

Congressman Mac Thornberry says, "There's no doubt that either cap and trade or a carbon tax will take more money out of people's pockets at a time when they can least afford it."

But whether it can be afforded or not, Thornberry says it will affect everyone who lives in the high plains. "Any of us who use energy, whether it's farmers, ranchers, small business folks or people who just have to drive a few miles to go to the grocery store. That's going to come directly out of our pockets."

There could be a vote in the Senate as early as Monday.