Just remember what Obama said: Under my plan of a cap and trade system, electricity rates would necessarily skyrocket. And, that is exactly what someone in the know thinks will happenImagine your power bill going up by $200 a month.
Progress Energy spokesman Mike Hughes said Thursday that it's a possibility under President Barack Obama's energy plan that narrowly passed the U.S. House of Representatives last week.
Let's be honest and call it what it is...an energy tax.
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