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09-30-2009, 06:49 PM #1
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Blockbuster Study: Working-Class Bears Burden Cap-and-Trade
New analysis reveals cap-and-trade would provide windfall profits to politically connected firms, redistribute wealth
Blockbuster Study: Working-Class Bears Burden of Cap-and-Trade
By Institute for Energy Research
Wednesday, September 30, 2009
WASHINGTON – With Sens. Barbara Boxer (D-Calif.) and John Kerry (D-Mass.) expected to reveal a draft of the Senate’s climate bill this week, free-market think tank Institute for Energy Research (IER) released a new analysis http://instituteforenergyresearch.org/p ... 8-2009.pdf today outlining how cap-and-trade would precipitate a financial windfall for well-connected special interests and politically-favored companies.
The study, entitled “Who Benefits from Free Emission Allowances? An Economic Analysis of the Waxman-Markey Cap-and-Trade,â€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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