Wednesday, June 01, 2011

Claim: "Pulling out the cost of RGGI would be like factoring in the cost of mowing the lawn at the power plant"

Debunking the myth that clean energy and carbon reduction policies aren’t good for ratepayers | ThinkProgress
To date, the rate impacts of RGGI have been so miniscule, it’s been very difficult to separate them from other costs in the system, says Seth Kaplan of the Conservation Law Foundation to Climate Progress:
“The fact is, RGGI is a very, very, very small piece of the overall cost of electricity. There are so many costs that are much greater. Pulling out the cost of RGGI would be like factoring in the cost of mowing the lawn at the power plant or factoring in the property taxes. Some of the claims that groups are making about the cost of the program are patently absurd.”
New Hampshire Senate Votes to Stay in RGGI
Thus far RGGI has raised $860 million through the auction of emissions credits.

1 comment:

Anonymous said...

Please join us for a lecture on 'Energy Policy and Global Warming' with Lord Lawson


Where?
SCI HQ,
14 Belgrave Square,
London SW1X 8PS, UK
map: http://www.soci.org/About-Us/Location-Map

When?
09 June 2011, 18:00

Synopsis:
Is it time to take a cool look at the issue of climate change?

This lecture will explore the science, economics, politics, and ethics of the global warming debate. We will explore the idea that the conventional wisdom on the subject may be flawed in a number of ways, that global warming might not be the devastating threat to the planet it is widely alleged to be; and that the remedies which are currently being proposed could prove worse than the supposed threat.

This lecture will explore a more rational response to global warming and outline a more conservative approach to this important issue which affects us all.

Lord Lawson of Blaby served in the Thatcher administration between 1979 and 1989 as Financial Secretary to the Treasury, Secretary of State for Energy, and finally Chancellor of the Exchequer. He is a member of the Lords’ Select Committee on Economic Affairs, and Chair of the Global Warming Policy Foundation

This is a free lecture, open to the public. Please join the debate!