http://www.globalwarming.org/2009/07/31/waxman-markey-9-trillion-gdp-hit/ Climate Change News & Analysis Wed, 15 May 2013 18:01:53 +0000 hourly 1 http://wordpress.org/?v= http://www.globalwarming.org/2009/07/31/waxman-markey-9-trillion-gdp-hit/comment-page-1/#comment-28355 Dan Fernandes Sun, 02 Aug 2009 15:06:45 +0000 http://www.globalwarming.org/?p=4353#comment-28355 $393 billion is less than 4% of the economy and is much too low of an estimate. If energy is 12% of the economy and you intend to make energy five times as expensive by using solar power, then that is 48% of the economy you must displace. So, Mr. Lieberman, your estimate is low by more than an order of magnitude!

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