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Alaska covers fewer kids with public insurance vs. 2019; Judge Cannon indefinitely postpones Trump's classified docs trial; Federal initiative empowers communities with career creation; Ohio teacher salaries haven't kept pace with inflation.

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Former Speaker Paul Ryan weighs in on the 2024 Presidential election. President Biden condemns anti-semitism. And, the House calls more college and university presidents to testify on handling pro-Palestine protests.

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Bidding begins soon for Wyoming's elk antlers, Southeastern states gained population in the past year, small rural energy projects are losing out to bigger proposals, and a rural arts cooperative is filling the gap for schools in Pennsylvania and West Virginia.

New Analysis: Cap and Trade Law Helps Consumers

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Friday, June 26, 2009   

Iowa City, IA – With Congress ready to vote on legislation capping greenhouse gas emissions, some Iowa groups warn that critics of the American Clean Energy and Security Act are distorting information on how the measure will impact Iowa consumers.

Teresa Galluzzo, research associate with the non-partisan Iowa Policy Project, says claims that the Act would leave consumers with significantly higher utility bills is disputed by a new report from the Congressional Budget Office and the Environmental Protection Agency. Those analyses, she says, show only modest price increases, with low-income households actually receiving a $40 annual increase in income thanks to a provision that shares some of the proceeds from the emissions permits. Most importantly, says Galluzzo, is a new policy that would help move the nation and state away from a dependence on energy sources that pollute.

"The importance of taking action on climate change necessitates that we will have some price increases to change our behavior. But, the worst thing would be to do nothing and not make effective climate policy. The cost increases that we have from unchecked climate change would be very harmful for Iowans. We need to address these costs now and move on with a healthier and cleaner Iowa."

Nathaniel Baer, energy program director for the Iowa Environmental Council, says the Act would help both the climate and economy.

"The bill will take the steps necessary to reduce our greenhouse gas emissions to the points that scientists say we need to avoid the worst consequences of global warming. But, the flip side of the bill is that it will drive new jobs, new industries and new innovation, particularly in places like Iowa."

The American Clean Energy and Security Act's proposed cap-and-trade system would place limits on greenhouse gas emissions and require entities that release pollutants to hold permits for their emissions. The bill is expected to come to a vote later today or this weekend.





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