logo

You are currently viewing: News

Back

15-11-2012

AFPM responds to President Obama’s remarks on carbon tax

The American Fuel & Petrochemical Manufacturers (AFPM) President Charles T. Drevna responded to remarks made by President Barack Obama that indicated he would not support a carbon tax:

“I applaud the President for recognizing that now is not the time for a new, regressive carbon tax that will hamper the nation’s ability to get the economy back on track. As the Congressional Budget Office recently noted, such a tax would hit low-income Americans the hardest.

“While Congress and the administration look for ways to avert the year-end fiscal cliff, I encourage them to consider taking steps to stop the impending, back door energy taxes Americans will soon experience as the result of the Environmental Protection Agency’s all cost, little-to-no-benefit regulatory onslaught. Among the initiatives the Agency is advancing are greenhouse gas regulations that will be very costly to every American consumer, but, by the administration’s own admission, will do little to nothing to reduce global concentrations of greenhouse gases.”

Sponsor:

News Category:

Other News Items

SPONSORS