I believe it will be a job protector. But more so, it's a faith protector in the opportunity to have a job. When we were debating in Congress this very issue of cap and trade, back home where I live and all across the State of Texas and in other parts of the country where I was privileged to travel, people were asking, Please, are they really going to impose this crazy legislation upon us at the cost of our jobs and jack up the cost of our energy? A lot of small businesses said, I don't know what to do, because this thing is looming out there. If it becomes law, I have the feeling it's going to put me out of business because I'm not going to be able to afford the disastrous cost it's going to take to keep me in operation. Meanwhile, those in the refining and power industries looked at this thing and said, Good Lord, what is this going to do to us? How many people are we going to be able to keep on? And who are we going to have to lay off so we can meet these onerous requirements?
John Rice Carter: “I believe it will be a job protector. But more so, it's a faith protector in the opportunity to have a job. When we were…”
Editor's note · Context
The speaker addresses concerns about the impact of cap and trade legislation on jobs and small businesses.
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