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What will climate change legislation cost?

My friend Robert Nagle surveys the literature on climate change, specifically analyses of the American Clean Energy and Security Act of 2009 (ACESA), also known as the Waxman-Markey bill, and finds estimates for how much it will cost the average household on an annual basis. Not too surprisingly, it’s a lot less than what fearmongers like Rick Perry claim. He also notes that one study reports its “key finding is that clean-energy investments generate roughly three times more jobs than an equivalent amount of money spent on carbon-based fuels”. Check it out and see for yourself.

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