CBO: Climate Bill Will Cost Average Household $175

"Comprehensive climate legislation pending in the House would cost an average of about $175 per household every year, though the price tag would be even larger for wealthier Americans while the poorest can expect to get a small dividend, according to a Congressional Budget Office study released late Friday.

The CBO report studied only the cap-and-trade provisions of H.R. 2454, a major climate bill that Democratic leaders expect to bring to the floor early next month for a vote on final passage."

Darren Samuelsohn reports for Greenwire in the New York Times June 22, 2009.

See Also:

"House Climate Bill Remains in Holding Pattern" (Greenwire)

"Rural Electric Co-ops Threaten Climate Deal" (Climatewire)

"Reps. Waxman, Peterson Inch Closer to Consensus" (Climatewire)

"House Republicans Courted" (Reuters)

"Under House Energy Bill, Coal Won't Be Going Away" (Los Angeles Times)

Tuesday, June 23, 2009