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From Manufacturing Executive Institute
What Cap and Trade Means to the Manufacturing Industry
...Cap & Trade legislation (House bill 2454) currently being debated by Congress boils down to a tax on energy usage. For manufacturers who derive their energy (mostly electricity) from non-hydro-carbon or low-hydro-carbon sources, the tax will be relatively small but it WILL BE an additional tax that will erode gross manufacturing margins. For manufacturing companies that are located in states
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