The largest utility in Iowa has come out against the Obama Energy Tax. Presidential candidates in 2012, take note:

MidAmerican Energy Holdings Co. has officially come out against a bill aimed at limiting greenhouse gas emissions currently being considered in the U.S. House.
The legislation seeks to reduce emissions by imposing a national limit, or cap, on greenhouse gases. It would then allow polluters to buy and sell their emissions credits. If a polluter emitted less than its allotment, it could sell the excess.
David Sokol, MidAmerican’s chairman, said in a statement that cap-and-trade legislation “will force our customers to pay two expensive costs.”
“First, they will pay the cost of emissions allowances purchased on a complex auction market that will do nothing to reduce greenhouse gas emissions; and second, they will pay the cost of replacing our existing fossil-fuel generation facilities with low-carbon alternatives.”
MidAmerican’s decision stand in contrast to many of America’s industrial giants, including General Electric, Dow Chemical, Shell Oil and Duke Energy, who support the plan. Iowa’s other big energy provider, Alliant Energy, supports the measure.