The True Cost Of Cap And Trade

Steve Benen runs the numbers on climate change legislation:For several months, whenever the issue of cap-and-trade comes up, GOP policymakers and their allies immediately turn to their favorite talking point: a cap-and-trade proposal would impose, on average, a $3,128 energy burden on the typical American home. The figure comes from a bastardization of a study conducted by John Reilly, an M.I.T.