CO2 And You
IBD Exclusive Series: The High Costs Of Carbon Caps
By Guest Column —— Bio and Archives--May 8, 2009
Global Warming-Energy-Environment | Comments | Back To Full Article
IBD Exclusive Series: The High Costs Of Carbon Caps
Douglas Elmendorf, director of the Congressional Budget Office, told members of the Senate Finance Committee Thursday that "Under a cap-and-trade program, consumers" — not demonized corporations, we might add — "would ultimately bear most of the costs of emission reductions."
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