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Old 11-19-2009, 11:12 PM
 
2,087 posts, read 1,346,487 times
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here is a little something to think about


Make the kids pay: The economic effects of climate change on future generations | Grist
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Old 11-19-2009, 11:30 PM
 
37,072 posts, read 38,285,292 times
Reputation: 14835
From your article:

Quote:
Reducing our greenhouse gas emissions will not be free—the Congressional Budget Office estimates it will cost about $10 per month per household
False, I'm assuming they are getting that $10 number from the last CBO analysis before it was voted on in the House which was around $170 per year which to be fair is close to the $10 however that analysis only goes to 2020 before the caps really start to come down. Secondly it only accounts for the direct costs of the Cap & Trade portion of the bill which is no where near the costs of the entire bill. Lastly it doesn't take into account what economic impacts those increases will have.

The number of $10 per month or $170 per year is far lower than what it will be.

If .. and that's a big if.. the Senate takes this up in the Spring we'll some analysis of what they have to offer and you'll have some more reliable figures.
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Old 11-20-2009, 12:09 AM
 
216 posts, read 292,036 times
Reputation: 118
Quote:
Originally Posted by thecoalman View Post
From your article:

False, I'm assuming they are getting that $10 number from the last CBO analysis before it was voted on in the House which was around $170 per year which to be fair is close to the $10 however that analysis only goes to 2020 before the caps really start to come down. Secondly it only accounts for the direct costs of the Cap & Trade portion of the bill which is no where near the costs of the entire bill. Lastly it doesn't take into account what economic impacts those increases will have.

The number of $10 per month or $170 per year is far lower than what it will be.

If .. and that's a big if.. the Senate takes this up in the Spring we'll some analysis of what they have to offer and you'll have some more reliable figures.
Beg to differ Only time the average coalman and i find out true figures it will be way to late
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