| Sourced From |
http://www.voxeu.org/index.php?q=node/3911
Opponents of US climate change legislation voice concerns about its effect on consumers in coal-reliant states, industries competitiveness, and regressive distributional consequences. This column argues that these concerns are either unfounded or have been addressed fairly. It says the conflict is more about ideology than distributional issues.
Climate change legislation is winding its way through the US Congress. In June (2009), the House passed complex legislation involving, among other things, a cap and trade system for carbon emissions in the US. The legislation passed by the slimmest of majorities
Related posts: