By Institute for Energy Research —— Bio and Archives--August 8, 2009
Global Warming-Energy-Environment | Comments | Back To Full Article
Just over a month ago, the U.S. House of Representatives passed the Waxman-Markey energy tax.[1] Much of the debate focused on how much the bill will cost Americans. For example, the Congressional Budget office claimed the cap and trade section of the bill would only cost $175 a year in 2020, but this claim has been thoroughly debunked. The real question is how much confidence should we have in the modeling assumptions that the CBO and other modelers rely upon?
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