The National Association of Manufacturers sent a letter to the U.S. Senate yesterday, opposing S. 3036, the Lieberman-Warner Climate Security Act. NAM opposes this bill because of the harmful economic impact it would have on energy costs, economic growth and employment.

The NAM opposes S. 3036’s nationwide cap-and-trade program because it:

• Does not pre-empt conflicting state and local climate change laws and/or regulations;
• Imposes major new requirements on businesses without sufficiently protecting U.S. competitiveness or funding the research, development and commercial deployment of essential new technologies;
• Omits “safety valve” provisions that are key to ensuring cost containment;
• Is limited in scope and does not include all sectors of the economy;
• Unnecessarily increases demand on natural gas, driving up energy costs and job losses;
• Does not adequately promote global participation; and
• Creates a multitude of conflicting and duplicative regulations for manufacturers.

For more information, click here. Below is a video call to action NAM posted to its website today: