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Reminder: the cost of cap-and-trade, etc.

Posted on May 20, 2008

Nothing new here, but a useful review from Environmental Capital as things heat up a bit in DC:Congress will soon face its moment of truth on climate-change legislation, prompting the Senate s Committee on Energy and Natural Resources to convene a Scrabble board of government agencies Tuesday morning to clear up some lingering questions for once and for all. Such as: How much will this thing cost the U.S. economy, and why are cost estimates all over the place?One takeaway: Lieberman-Warner can cut a big chunk of U.S. greenhouse-gas emissions without killing the economy. Estimates vary betwee...

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economy , emissions , environmental , gas , gdp , greenhouse , nuclear