Thursday, July 16, 2009

Broke, Humiliated Mongiardo Keeps Lying About Cap and Trade

From the Paducah Sun, via Penn Energy.

Mongiardo, seeking the Democratic nomination for the U.S. Senate next year, said at a Paducah news conference (July 15) that the so-called "Cap and Trade Bill" would increase electric rates in Kentucky by at least 70 percent, harm the state's coal industry, and force steel and aluminum plants to close.

As the story was written by Bill Bartleman of the wingnut Paducah Sun, do I need to tell you that Bartleman made no attempt to counter Mongiardo's lies with the facts?

On Sunday, Joe Gerth at the Courier-Journal discussed Mongiardo's and Jack Conway's views on cap-and-trade, and although he let Dan get away with lying for several opening grafs, eventually he pointed out the facts.

There is agreement that the legislation would cost consumers more, but estimates of those costs vary. And the legislation that passed the House attempted to offset some of the costs.

E.On U.S., the parent company of LG&E and Kentucky Utilities, has said that residential customers in Kentucky would see their rates rise about $10.50 a month in three years and about $19 by 2020. Commercial customers could see their rates rise as much as 39 percent by 2020.

Let's review: on the same day that Mongiardo's campaign admitted that in the second quarter it raised less than one-fourth of what Conway raised, Mongiardo goes to DINO-friendly territory to claim cap-and-trade would almost double electric rates, apparently immediately.

This after the biggest electricity supplier in Kentucky explains that cap-and-trade will cause no increase for three years, and then raise rates slowly over the next eight years to a maximum of $19 per month per household. For me, that's a 20 percent increase eleven years from now.

Dan Mongiardo: liar, corporate shill, homophobe, pathetic fundraiser, incompetent campaigner, loser.

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