How Climate Policy Hurts the Poor
September 21, 2015
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1:05:30Now PlayingHow Climate Policy Hurts the Poor
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as posted by the channelRegardless of one’s personal opinions on the effect man-made greenhouse emissions have on the climate, the Obama Administration’s proposed Clean Power Plan will exact a high price on Americans and have a negligible impact – if any – on global temperatures. NERA’s economic consultants estimate a temperature reduction of only 0.018 degrees C in 2100 at a cost of hundreds of billions of dollars. In August, the Environmental Protection Agency announced its final rule to achieve a 32% reduction in “carbon pollution” from the electric power production sector by 2030.
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