NH House Leaders Respond to Senate Vote Against Repealing Cap and Trade Program

CONCORD – House Speaker William O’Brien (R-Mont Vernon) and House Majority Leader D.J. Bettencourt (R-Salem) offered the following statements after the State Senate failed to override Governor Lynch’s veto (15-9) on Senate Bill 154, which would remove New Hampshire from the Regional Greenhouse Gas Initiative, a cap and trade program that encompasses 10 Northeast states.

 House Speaker William O’Brien

 “We’re obviously disappointed that New Hampshire ratepayers will continue to be stuck with higher electricity costs as a result of keeping this failed cap and trade program around.  At a time when we should be doing everything possible to make New Hampshire more competitive in order to create more good jobs here, getting out of this cap and trade scheme that increases costs on employers and our citizens should be a slam dunk.  We will be back next year to get rid of this job-killing income redistribution ploy once and for all.”

 House Majority Leader D.J. Bettencourt

 “The evidence is mounting that RGGI is now a colossal failure for reducing carbon emissions and has been only a success in one area – creating a slush fund for green pork.  As someone who voted for the initial bill to create this program, I can now say that it was a huge mistake for New Hampshire to join this cap-and-tax scheme.  It’s a shame that Governor Lynch was more interested in protecting special interests than offering rate relief to our hard-working citizens, but House Republicans will make defeating cap-and-tax a top priority next session.”