The Coalition on Consumer Impact of Cap and Trade Legislation
OTHERS
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Submitted by EFC Team on March 12th, 2009

Reid Detchon’s comment on the consumer impact of cap and trade legislation.

 

“The surprising secret is that a carbon cap would be an economic stimulus for low and middle-income consumers.  If the revenue from a carbon cap is returned to the public, most consumers will come out even, and consumers whose energy use is below average will come out ahead – their rebate checks will be larger than the increase in their energy costs. “

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