Barack Hussein Obama said that 95% of Americans will get a tax cut — in just a few more weeks, to be precise. But he conveniently “forgot” to tell you how your taxes will go up on the other end.

And it will cost you much more than the $8 “refund” you’ll allegedly see in your weekly paycheck — unless you do something about your energy use. Because here comes “cap and trade.”

What is “cap and trade”? It is a system that would set a cap on C02 emissions from fossil fuel use. Emissions come from cars and from industries and businesses. More than 86% of our national utilities produce some kind of C02 emissions.

Here’s how it works: First, a license will have to be purchased to emit anything into the air. A cap on emissions is placed on a given business or industry. Then there will be a measurement. You will have to pay extra taxes for anything produced beyond your limit. Or you can buy credits from those who produce fewer emissions.

This will result in billions of dollars being traded on an exchange.

This project will start with the utilities: coal fired, oil companies, gas companies, electric companies, natural gas.

And since manufacturing is doing so well in America anyway, what will occur with these extra taxes laid upon the enumerated companies? Quite yes, boys and girls, those amounts will be passed on to no one other than the Consumer. You and me.

This is Al Gore’s tax, nothing more. And nothing is more important. It is Social Engineering of the first order.

All your utility bills would go up. Electrical prices would go up a minimum of 36% a year. It is estimated that cap and trade would cost the average family, initially, $800 to $1,600 a year. The EPA estimates an additional 26-cents per gallon of gas tacked on federally. On average, cap and trade will result in each citizen paying an estimated $134 per month more.

It might be approUnder this system and under the Kyoto Protocol, those Europeans nations that signed onto Kyoto are producing more emissions now than when they first signed.

What next? Cap and trade for cows? Animal industries? House pets? Why stop there: humans emit C02 as well.

Turn off the lights; put on a sweater in the winter and turn on the box fan — when there isn’t a brownout — in the summer. Prepare to alternately freeze and bake.

You’re about to receive precisely what Mr Obama promised — and the bulk of the country voted for.