CAPPING CO2 EMISSIONS BOOSTS ENERGY COSTS

Bills recently introduced in Congress would control greenhouse gas emissions through cap-and-trade schemes. However, the proposals unveiled so far would harm the U.S. economy, disproportionately hurt the poor and fail to produce the environmental benefits promised by proponents:

An analysis from Science Applications International Corporation (SAIC) concludes Lieberman-Warner would increase gasoline prices up to 144 percent and raise electricity prices up to 129 percent.

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