WASHINGTON, DC -- U.S. Rep. Harold "Hal" Rogers (KY-05) voted today in support of a House resolution, putting this Congress on the record against a carbon tax, which would be detrimental to the United States economy by raising costs on American energy and countless products.
"Thanks to our rich natural resources in Kentucky, families and businesses have enjoyed low energy rates for decades, driving down costs for produce, gas and products that we use everyday. A carbon tax would reverse our advantage, driving away employers and driving down family bank accounts," said Rogers. "As we work together toward energy independence and economic security, this resolution makes clear that this Congress supports President Trump's work to end the War on Coal and reverse previously failed energy policy."
A study by the National Association of Manufacturers found a carbon tax would: have a negative effect on consumption, investment and jobs; increase the cost of coal, natural gas and petroleum products thus resulting in higher production costs and less spending on non-energy goods; and lead to lower real wage rates, lower labor productivity, and decrease workers’ incomes.
The House approved the resolution, H.Con.Res 119, which moves on for consideration by the U.S. Senate.