Cap-and-Trade Would Raise Energy Prices 30%
Reuters, 24 March 2009
U.S. electricity prices are likely to rise 15 to 30 percent if a national cap on carbon dioxide emissions is instituted, according to a report by Moody’s Investors Service.
Senate Spurns Cap-and-Trade
Lisa Lerer, Politico, 25 March 2009
The budget debate on Capitol Hill has exposed deep splits among Democrats over combating climate change, a major priority of President Barack Obama, with moderate lawmakers opposing a bold legislative gambit to pass the administration’s cap-and-trade proposal through the budget reconciliation process.
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