Climate Change

Putting A Cap On A Lie About Cap-And-Trade Cost

CONservative Spin:

“Cap-and-trade or, more appropriately, cap-and-tax ... would require energy producers and businesses to pay to emit carbon emissions in the hope of reducing greenhouse gases. According to an analysis by the Massachusetts Institute of Technology, the average American household could expect its yearly energy bill to increase by $3,128 per year. Using an analysis by Peter Orszag, President Obama's budget director, that number would be closer to $4,000.”
Isaiah J. Poole's picture

PROgressive Response:

The right keeps peddling this line even though the author of the MIT study, John Reilly, told the St. Petersburg Times' PolitiFact.com that the way they are using the figures in the report is "wrong in so many ways it's hard to begin."

What the report actually says is that the cost per household of a climate bill that would cap carbon emissions and tax polluters for the ability to exceed that cap would be $79 in 2015, Reilly says.

Conservatives say nothing about the potential benefits of such a bill, including greater incentives to conserve energy and competition from other energy sources that would help lower prices for everyone. And some percentage of the revenue from a climate bill could be used to mitigate its impact on lower-income families, in the form of direct subsidies and in helping them lower their energy bill. The details that would actually determine the costs and benefits, such as an energy tax credit to families proposed by the Obama administration, have yet to be hammered out—yet another reason to dismiss conservative claims about what they are mislabeling a "light switch tax."

These right-wing blasts are really arguments to keep the coal, oil and gas industries from having to pay the costs of polluting our environment, and to keep the nation from embracing the new energy future.

 Source

Cynthia Dizike. "Bachmann statement on cap-and-trade disputed." Minnesota Post. April 9, 2009.

By


Harry Moroz's picture

Beyond Cheney's History of Climatic Evolution

Despite an infuriatingly recalcitrant EPA chief and an administration that has suppressed major climate change research for the last four years, global warming is once again at the top of the nation’s policy agenda. more »

More »»

Human warming hobbles ancient climate cycle

reuters.com — Before humans began burning fossil fuels, there was an eons-long balance between carbon dioxide emissions and Earth's ability to absorb them, but now the planet can't keep up, scientists said on Sunday.

Read Full Article »


Timothy Gatto's picture

Eco-Thriller; The Ovum Factor

Since I was having Marvin L. Zimmerman, the author of The Ovum Factor, on my radio show (http://www.blogtalkradio.com/liberalpro you can hear the podcast of the interview there), it meant that I was obliged to peruse the novel that was sent to me by his publicist. more »

More »»


Denise Lawrence's picture

DoomsDay Antithesis; Instructions for Saving Our World

Now World Order…A Doomsday Antithes
An ametuer video of this prose can be seen by entering "Doomsday Cancled" at youtube or google video

I was taken aback when I heard the news..
of some dooms day clock, I said “NO!” this isn’t right
We’ve got to choose.

There IS NO doomsday can’t you see…
A new worlds here for you and me
To love to hold to reinforce more »

More »»

Hometown: Chapel Hill, NC
Interests: New Energy, Climate Change, Global Warming, sustainable businesses
Honors: None, yet

Americans Want Clean Energy

alternet.org — So why are the Republicans threatening to filibuster our best chance at getting clean energy?

more »

Bitter Divisions Exposed at Climate Talks

nytimes.com — European Union may boycott climate talks proposed by the Bush administration, over disagreements on global policy.

Read Full Article »

Report: 'White House Manipulated Climate Change Science'

csmonitor.com — A House committee report finds that the Bush administration engaged in a "systematic effort" to manipulate science and mislead the public and policy makers on climate change.

Read Full Article »