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Specifics Missing from U.S. News Climate-Jobs Report

U.S. News has a story posted April 28 by Kent Garber titled “In Climate Change Debate, It’s All About Jobs: Many in Congress worry about the economic impact of curbing emissions”. The story repeats the Environmental Protection Agency’s remarkably low expected cost per household from draft “global warming” legislation, despite the fact that the bill actually provides no specifics to use in any such assessment. Key details missing include how industry would obtain emission “allowances” (for free, or sold by the federal government), what sort of “offsets” would qualify, or how much (if any) consumers would receive in energy … Continue Reading