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    Charleston, WV Cap and Trade Protest on July 19

    07/16/2010

    Join the WV Metro Valley Patriots Tea Party on Monday, July 19 for a demonstration against cap and trade in front of the Charleston WV Unemployment Office at noon. 

    This demonstration will drive home the message that cap and tax is a jobs killer for West Virginia and comes in advance of an expected Senate energy bill vote in the next weeks.

    The address is 1321 Plaza E #99, Charleston, WV 25301. <!-- .hmmessage P { margin:0px; padding:0px } body.hmmessage { font-size: 10pt; font-family:Verdana } -->The unemployment office is in the plaza next to the new ball park close to Marty's Tire.

    It's hard to pinpoint the exact economic effect of the current energy bill in the Senate, but the Waxman-Markey cap and trade bill that passed the House last year and that Senate leadership is planning to reconcile with it's own version is packed with bad news for West Virginia. 

    Here's the facts from the Heritage Foundation:

    Implementing Waxman-Markey would put a chokehold on West Virginia's economic potential, reducing gross state product by $2.22 billion in 2035.

    Consumers would be hit hard. Between 2012 (when the restrictions first apply) and 2035 (the last year of this analysis), the prices of electricity and gasoline will rise sharply when compared to prices in a world without cap and trade. By 2035, Americans living in the state of West Virginia will see their electricity prices rise by $970.63 and their gasoline prices rise by $1.44 per gallon solely because of Waxman-Markey.

    As the economy adjusts to shrinking gross domestic product (GDP) and rising energy prices, employment will take a big hit in West Virginia. Beginning in 2012, job losses will be 8,509 higher than without a cap-and-trade bill in place. And the number of jobs lost will only go up, increasing to 11,687 by 2035.

    Giving up your lunch hour on Monday is a small sacrifice considering the risks at hand if cap and trade isn't stopped.  See you there!