The Cost of Cap & Trade

According to the Congressional Budget Office, Cap & Trade Act (S. 2191 America's Climate Security Act of 2007) would cost over $1.4 trillion over the next 10 years (assuming the 2018 "run rate" for 2019). Although the first three years cost "only" $15 billion, beginning in 2012, the cost is $150 billion per year and over $300 billion / year by 2018.

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