White House seeks consumer aid in U.S. climate plan

[thundley4]

WASHINGTON (Reuters) – A portion of the revenue from any U.S. system capping carbon emissions must go toward softening the impact of higher energy prices on consumers, a White House official said on Wednesday.
Joseph Aldy, special assistant to the president for energy and the environment, said building a clean energy economy will not be easy.
"There will be those who are going to be vulnerable as we make this transition and ... we need to actually target the allowance value and revenues to those households, communities, and businesses," Aldy said at an Energy Information Administration forum.
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Obama's proposal would use most of the revenue generated from the sell of carbon permits for tax breaks, offsetting costs for consumers.
Some industrial state lawmakers have raised concerns that a cap-and-trade system will burden big polluters such as coal-burning power plants with substantial additional costs.

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Is there anything that this Admisministration is going to do that isn't some sort of socialist  wealth redistribution program?

[Jim]

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Is there anything that this Admisministration is going to do that isn't some sort of socialist  wealth redistribution program?

no, except for signing the deed for the country over to China once they have bled the golden goose dry.