Carbon cap would cost U.S. households 1 percent: report
Capping carbon emissions would cost U.S. households less than one cent on the dollar over the next two decades, an environmental group reported on Monday, disputing critics who say mandatory limits on greenhouse gases would cost jobs and damage the economy.
“The United States can enjoy robust economy growth over the next several decades while making ambitious reductions in greenhouse gas emissions,” the study by Environmental Defense Fund concluded. “And in the long run, the coming low-carbon-economy can provide the foundation for sustained American economic growth and prosperity.”