Letter to the Editor: Co-op’s mailing is misleading, he saysMany of your readers, like me, get their electricity from Pierce Pepin Cooperative Services and so, like me, they also probably got a mailing from PPCS attacking efforts to reduce global warming.
By: David Matthews, Town of River Falls, Pierce County Herald
TO THE EDITOR:
Many of your readers, like me, get their electricity from Pierce Pepin Cooperative Services and so, like me, they also probably got a mailing from PPCS attacking efforts to reduce global warming.
PPCS claims electricity costs will increase steeply under proposed cap-and-trade climate legislation. But in fact the Environmental Protection Agency estimates emission permits will trade for between $11 and $15 per ton, while PPCS uses $20 to $50 per ton.
This is deliberately misleading. The PPCS flyer claims residences may have to pay up to $9,800 more over the next 20 years. In reality, using the low-end EPA numbers, the amount is closer to $70 per year in 2012.
In addition, the proposed legislation will provide 30 percent of all emissions permits free to local electricity distribution companies like PPCS, specifically to ensure that local power costs stay low. The flyer sent out by PPCS fails to mention this at all. If PPCS is successful in trading its free emission permits, then we may be able to avoid any increase in local electricity charges.
I urge you to ignore this misleading mailing from PPCS. Instead I ask you to contact your legislators and ask them to support the Waxman Climate Change Bill and help to slow down global warming.