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March 24, 2009

Part Time Green Job Needed


Well I reckon I could get a part time green job to make up the difference.

from Reuters

US carbon cap to raise power prices-Moody's

LOS ANGELES, March 24 (Reuters) - U.S. electricity prices are likely to rise 15 to 30 percent if a national cap on carbon dioxide emissions is instituted, according to a report by Moody's Investors Service.

And "the vast majority" of the burden of those higher costs will be borne by residents as large industrial users are likely to be successful in lobbying U.S. lawmakers for special rates and tariffs, the report dated March showed.

If carbon dioxide (CO2) emissions are priced at $20 per metric ton, it would add about $48 billion in costs for the electric utility sector, Moody's said.....

1 comment:

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