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...tons worth of inexpensive carbon offsets won't be available under the bill, which would significantly inflate the overall cost. That's not going to happen. A more reliable study from the nonpartisan Congressional Budget Office forecast that the bill would cost the average U.S. household $175 in higher energy costs annually by 2020 - and other studies estimate that the energy-efficiency provisions in the bill might even save Americans money over time. "The emission reductions in the bill can clearly be achieved at a tiny cost to the economy," says Nathaniel Keohane, the EDF's director of economic policy...
...passage of any new taxes in California - an insurmountable obstacle built on populist allergy to any kind of new levy. Beholden to a tax-averse electorate, the state's liberals and moderates have attempted to live with Proposition 13 while continuing to provide the state services Californians expect - freeways, higher education, prisons, assistance to needy families and, very important, essential funding to local government and school districts that vanished after the antitax measure passed...
...governor has addressed the need for shrinking the state, saying, "We have to go and make certain cuts in health care. We have to make certain cuts in education, in higher education, in all these various different programs, in prisons, law enforcement and so on." But Anthony Wright, executive director of Health Access California, a nonprofit advocacy group, says, "These are no longer cuts. These are amputations, and the question is, Which limb are we cutting off today...
...votes," Doyle said. Many manufacturers and small businesses are afraid that increased energy prices might make them less competitive on the global market, and Doyle spent much of his day Wednesday and Thursday reassuring nervous members that he doesn't believe the bill will pass on the drastically higher energy costs they fear. (See the effects of climate change...
...require less water, and even implementing cloud seeding programs to bring on rains. Experts expect tax breaks and price supports in the budget to be announced early next month. Roy of FICCI says the worst may yet be averted. "Last year the agricultural season was good and procurement was higher than normal," he says, "But the government can start taking preparatory steps such as imports of critical food items such as pulses because currently global food prices...