Tuesday, September 01, 2009

Waxman-Markey Would Cost Delawareans $3.20 a Month

Yesterday, I took note of a Washington Post/ABC News poll that shows that 58 percent of the public would support action on climate change if it cost no more than $10 month.
According to analysis performed by M.J. Bradley & Associates, an environmental consulting firm, the average increase in residential energy costs due to Waxman-Markley in 2012 would be $3.20 a month in Delaware.
The largest increase would be $7.45 per month in North Dakota. Four states (Idaho, Oregon, Vermont and Washington) would see their average monthly bills decline somewhat. The figures are based on household usage of 1,000 KWh per month and an assumed price of $15 per metric ton for carbon dioxide should Waxman-Markley be adopted. Also, the analysis is based on the assumption that consumers would not switch to more cost effective fuels or reduce their demand due to higher prices—a fair assumption given such modest anticipated cost increases.


Anonymous Anonymous said...

Too bad the media feels the need to counterbalance every truth with two lies.

Yes, I'm talking to your buddy Loudell.

7:50 AM, September 02, 2009  

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