Waxman-Markey Cap and Trade Will Pay For Itself, CBO Finds
The Waxman-Markey Climate Bill uses Cap and Trade to get our current 6 billion tons of CO2 a year down to just over 5 billion tons a year by 2020 (20% by 2020) and continuing down further by 2050. The Congressional Budget Office has estimated that the auction proceeds of … [continued]