Cap & Trade

Pennsylvania has always been a leading provider of America's energy. From timber and coal to the nation's first commercial oil well, and now the Marcellus Shale boom, traditional energy is vital to our state's economy. But these industries, and the prosperity that accompanied them, are now threatened because they have become politically unpopular. Instead of entrepreneurship and the responsible development of natural resources, today's energy companies are rewarded on the basis of their lobbyin

With Pennsylvania's unemployment rate at a 25-year high, Gov. Rendell is pushing "green jobs" at every turn. He has doled out nearly $1 billion to renewable energy projects and wants additional alternative energy mandates. In reality, these mandates and subsidies will result in a net loss of jobs and necessarily escalate electricity prices.

A macroeconomic study of Pennsylvania's Climate Action Plan, released earlier this month, promises impressive cost savings and job creation for the state, but the report was produced by a global warming alarmist group that is riddled with conflicts of interest and lacks integrity in its analyses.

Pennsylvania has long been one of the most economically stagnant states in the nation. For the period 1991-2008, the Commonwealth ranked 45th in job growth, 46th in personal income growth, and 47th in population growth. Pennsylvania has also faired poorly in independent evaluations of states' business climates, in large part because of having the 11th highest state and local tax burden. Not surprisingly, the state also ranks low in interstate migration, having lost 56,000 net residents to other