Lieberman-Warner promotes the transition to clean energy

A new article by the Center for American Progress (CAP) makes clear that the Lieberman-Warner Climate Security Act, S. 2191 would be a boon to affordable, job-creating renewable energy. The article, by CAP’s Daniel J. Weiss and Alexandra Kougentakis explains how the bill would

make significant reductions in the carbon dioxide pollution that causes global warming as well as turbo charge investments in clean energy technologies such as wind, solar, and geothermal. It would provide direct assistance for renewable energy, as well as create economic incentives for utilities to invest in clean, carbon-free energy technologies instead of continued reliance on dirty fossil fuels. The boost for renewable energy would create thousands of new jobs in the clean energy industry.

The article also points out that

The EPA just released a study that found that the bill’s global warming pollution reductions would have almost no effect on long-term economic growth, and only a small effect on electricity prices and jobs. The same claims that opponents are making now were made about the acid rain control program 20 years ago–claims that were all proven wrong.

The CAP article discusses the bill at length and how it would affect renewable energy and job creation in this country. It is well worth reading.

See also Delayers cry wolf with same old Garbage In, Garbage Out economic model.

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