"Ten of hundreds of dollars, sometimes hundreds of thousands of dollars total 10 of millions of dollars spent. This means green jobs are not created, but instead must be bought with heavy tax payer subsidies."

The Waxman-Markey bill aims to reduce greenhouse emissions by 83% by 2050. But Bond says he's worried the legislation could raise taxes.

"What I do know is that the citizens and tax payers in my state don't want their energy taxes raised for their other jobs killed to pay for green jobs."

The National Bureau of Economic Research indicates a cap and trade program would cost the average Missouri family a little more than 1.4% of their income, the lowest in the nation. But there are contradictory reports, like one released by the nonprofit Resources for the Future, that says the cost per household of a cap and trade could be higher. Democratic U.S. Senator Claire McCaskil says she hasn't decided how she'll vote on the bill. She says even though more green jobs could be created, she wants to make sure Missourians won't be unfairly penalized by the legislation. The bill does not have any language to suggest that there would be a tax increase, but energy prices may increase as a result of companies reducing pollution. The bill says lower income individuals would experience a lesser financial impact. © Copyright 2012, KBIA