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- #61
Skook, lying is ghey, so stop it. Seriously, a daily caller piece predicting what will happen, but didn't happen?
http://www.analysisgroup.com/upload...ts/publishing/economic_impact_rggi_report.pdf
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From a consumer perspective, RGGI program impacts are net positive over the study period. Although CO2 allowances tend to raise electricity prices in the near term,
there is also a lowering of prices over time because the states invested so much of the allowance proceeds on energy efficiency programs. RGGI expenditures on energy efficiency programs increase the opportunities for consumers to reduce their energy use and their energy bills. This occurs primarily for electricity, but also for fuel consumed for heating. Lower overall electric load levels resulting from RGGI-funded energy efficiency places downward pressure on electricity prices and energy payments for all electricity consumers, relative to a no-RGGI case. After the early impacts of small electricity price increases, consumers gain because their overall electricity bills go down as a result of this investment in energy efficiency. All told, electricity consumers overall – households, businesses, government users, and others – enjoy a net gain of nearly$1.1 billion, as their overall electric bills drop over time.
This reflects average savings of approximately $25 for residential consumers, $181 for commercial consumers, and $2,493 for industrial consumers over the study period.
Consumers who participate in an energy efficiency program funded by RGGI proceeds actually experience a level of savings much higher than the average savings for all consumers.
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Whatever you say s0n!!!
The global carbon market has been dead for years now.......Cap and Trade died in the US in 2009............just check out the graph here of carbon prices gigantic collapse in the past several years............yuk...........yuk..............
State of the carbon market in 2013 is so sick the World Bank cancelled the report JoNova
And as per usual, Mamooth is a total liar on the costs of electricity..........of all the states in the union, northeast rates are HIGHEST!!!!
BUT DONT TAKE MY WORD FOR IT.........CHECK OUT THIS GRAPH >>>>
5 charts that explain U.S. electricity prices Utility Dive
Yep ahhhhhhh ( takes toke of ciggy in classic Denis Leary fashion!!). Savings!!!
Vermont soon pulling out of RGGI and New Jersey already gone!!
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