CBO: Climate Bill Will Cost Average Household $175

"Comprehensive climate legislation pending in the House would cost an average of about $175 per household every year, though the price tag would be even larger for wealthier Americans while the poorest can expect to get a small dividend, according to a Congressional Budget Office study released late Friday.

The CBO report studied only the cap-and-trade provisions of H.R. 2454, a major climate bill that Democratic leaders expect to bring to the floor early next month for a vote on final passage."

Darren Samuelsohn reports for Greenwire in the New York Times June 22, 2009.

See Also:

"House Climate Bill Remains in Holding Pattern" (Greenwire)

"Rural Electric Co-ops Threaten Climate Deal" (Climatewire)

"Reps. Waxman, Peterson Inch Closer to Consensus" (Climatewire)

"House Republicans Courted" (Reuters)

"Under House Energy Bill, Coal Won't Be Going Away" (Los Angeles Times)