>> wheregy do they get their knn they get it from ray payers and people who buy gasoline and natural gas and electricity. so eventually the consumer pace 100 percent of the plan. >> under my plan of a cap and trade system, electricity rates would necessarily skyrocket. >> once people saw it was a huge tax increase folded into their energy bills, then people sawbil the economic impact not only ona their pocketbook, but also on american jobs and american competitiveness around the world. >> the greatest amount ofwo experience that anyone has with cap and trade is in the european trading scheme. and they have been dabbling inee this for a couple of years now.f >> you have had a number of companies in europe of that shut down fact race and moved out of europe completely in the developing countries that aren't suppressing their car won monoxide emissions. >> the bill that would establish