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Chilling Growth to Counter Global Warming

Posted By Ken McIntyre On June 4, 2008 @ 4:47 pm In Energy | Comments Disabled

Those urging Congress to pass the Lieberman-Warner bill [1] say it would slow global warming by capping carbon dioxide emissions. However, more and more studies — from Massachusetts Institute of Technology, Charles River Associates, The Heritage Foundation, even the Environmental Protection Agency — predict severe consequences in higher energy costs for the U.S. economy and consumers.

In 2025 alone, Heritage’s study concluded [2], Lieberman-Warner would cost the nation at least 500,000 jobs and cut economic output by at least $125 billion — for little to no environmental benefit.

Here’s a map of the forecast by region (downloadable here [3]):  

Chilling Growth to Counter Global Warming [3]

Article printed from The Foundry: Conservative Policy News from The Heritage Foundation: http://blog.heritage.org

URL to article: http://blog.heritage.org/2008/06/04/chilling-growth-to-counter-global-warming/

URLs in this post:

[1] Lieberman-Warner bill: http://www.foundry.org/tag/lieberman-warner/

[2] Heritage’s study concluded: http://www.heritage.org/Research/EnergyandEnvironment/cda08-02.cfm

[3] here: http://www.heritage.org/Press/ALAChart/alc_027.cfm

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