noworldsystem.com


Global Warming Bill Could Cost 2.4 Million U.S. Jobs, $1,250 per household

Global Warming Bill Could Cost 2.4 Million U.S. Jobs, $1,250 per household

Mike Sunnucks
Phoenix Business Journal
August 14, 2009

A carbon emissions plan under consideration in Washington aimed at global warming could cost the U.S. economy between 1.8 million and 2.4 million jobs over the next two decades.

The study, released Wednesday by the National Association of Manufacturers and the American Council for Capital Formation, worries about plans of Democrats and the Obama administration plans that would put caps and fees on carbon emissions and pollution.

The business study says the climate bill would increase costs that would be passed onto consumers and that a U.S. household would lose as much as $250 annually by 2020 and $1,250 by 2030. Also, according to the study, the GDP could lose 2.4 percent of its value by 2030.

Read Full Article Here

Climate Change Measure Should Be Set Aside, U.S. Senators Say

 


Leave a Comment so far
Leave a comment



Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s