The American Clean Energy and Security Act (ACESA) is a nice thought, in theory. This Act was passed through the United States House of Representatives on June 26, 2009, moving it to the Senate. Very few people have such a distaste for the Earth that they wish to destroy it with any human method made available to them. The idea that the government will just put a “cap” on the amount of greenhouse gas emissions the United States can produce in an effort to save the environment is a noble cause. “Going green” has been the trendy thing to do in recent memory, from buying hybrid vehicles to using reusable grocery bags to potting plants in their own biodegradable pots. It’s a nice gesture and it certainly couldn’t hurt the environment. The United States as a country just happens to be in one of the worst economic downturns since the Great Depression. The most current unemployment figure stands at 9.1%, with more jobs being lost every day. As unemployment rises, spending dives to incredible lows. Stores and companies are being forced to close because they are simply not making money at a level high enough to remain open, thus losing more jobs. Banks and automotive companies required bailouts just to stay afloat. With these poor economic times in mind, the American Clean Energy and Security Act is just going to be another punch to the stomach of the American people financially and for little gain.
The first violent side effect will be with the already reeling coal mining industry. Coal mining, once a rich field, began to decline slightly after the mechanization following World War II. Then came another large decline in the late part of the 20th century, cutting early 20th century production dramatically. Now, at a time when coal mining is not half the industry it used to be, the ACESA will put mining into a shallow grave. In 2008, wind energy jobs surpassed coal mining jobs when wind energy eclipsed 85,000 employees. This act will cripple the coal mining industry by not allowing them to mine at full strength. Many more miners will be laid off if the bill gets passed in the Senate in the upcoming vote. In addition to those jobs lost, many other supplemental companies will lose work and have to lay off employees as well. Companies that repair the mining equipment and trucks that haul the product will have no business because mining has no business. Higher unemployment will lead to less cash flow in the economy which will lead to even higher unemployment. Similarly, individuals will be effects as well.
Estimates to the cost of this Act vary substantially. Figures range from $152 per year to $152 a month. Some estimates are even higher than those totals and the media is being quick to point out that inflation plays a major part in the equation. Something that costs $600 per year in 2009 could very well cost $6000 in 2014. No one can predict the inflation rate precisely enough to know what those costs may be. With millions of people currently unemployed and the economy still in a weak state, a hit to the wallet may just be enough to make more people crumble over the edge. The people who are just fighting to stay over the poverty line and make ends meet are going to be the most severely affected. These people can hardly deal with their current situation, let alone worry about the cost of fighting greenhouse gases.
Although the fight to save the planet is a good fight, this is simply not the time to be pushing such a bill. Until the economy is thriving again, people can not afford to take the brunt of an unnecessary act. The people in the lowest income brackets will be pushed above their means and the middle class will feel the effects as well. The Act will only increase unemployment which will decrease the public’s purchasing power. More companies will fold and the economy’s current situation will last past the normal business cycle. For further information, a visit can be made at http://www.nbcnews.com/id/21728533/ns/us_news-environment/t/morgan-freeman-has-taste-clean-energy/ to know about the products. Many companies are offering the product at different rates to the customers. The fight with the green gas will be under the budget of the person.