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Politics : BuSab
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To: Jorj X Mckie who wrote (387)3/30/2009 1:57:29 AM
From: Archie Meeties1 Recommendation  Read Replies (1) of 23934
 
The usual figure quoted is a bump of 5-10% on residential energy costs on those areas mostly dependent on coal. This based on European experience. Do you have other data?

That's a pretty thin argument that this will kill the US economy. Germany had faster growth than the US for some of the years after they put in cap and trade. This was during a time in the US when the EPA's idea to enforce arsenic and mercury emissions from coal was overuled. You could even compare the wealth of states vs. the cost of their electricity. For example, Kentucky vs. Massachusetes. Interesting comparison. Could go on, New York vs. Idaho. It seems that the more you pay for electricity, the higher your per capita income...no, that can't be right.
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