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June 15 (Bloomberg) — A proposal in the U.S. Senate to charge power plants, factories and refineries a price for releasing carbon dioxide into the atmosphere would cost the average U.S. household $79 to $146 a year, the Environmental Protection Agency said today.
Pollution allowances, each representing one metric ton of carbon dioxide, would cost $16 to $17 each in 2013 under the cap-and-trade legislation unveiled last month by Senators John Kerry, a Massachusetts Democrat, and Joseph Lieberman, a Connecticut independent, the EPA said in a report. The allowances would cost $23 to $24 each in 2020, the agency said.
The overall cost to individual households will be
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