A Democratic bill aimed at reining in global warming and promoting alternative energy development will increase energy prices and cost jobs, according to Republican Rep. Mike Pence of Indiana, in Pittsburgh yesterday on the first stop of a cross-country tour to oppose the legislation and formulate a Republican response.
Mr. Pence, who chaired a morning-long "energy summit" convened by the Republican American Energy Solutions Group at the Holiday Inn - North, said the party's energy policy will focus on "traditional" fossil fuels, seek more access to domestic coal, oil and natural gas resources, and promote development of nuclear energy.
He said the Waxman-Markey American Clean Energy and Security Act, which would place limits on heat-trapping pollution emissions by establishing a "cap and trade" emissions market, could raise household energy costs by $3,100 a year.
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