Analysis: Oregon Climate Action Plan – Economic pain for zero benefits
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Climate Depot | 6/25/2019 | Marc Morano
smnth28 (Posted by) Level 3
The very basis for the bill is based on severely flawed science, the increased costs would be economically harmful and successful implementation would have virtually no effect on temperature.

The Oregon House recently passed the state’s Climate Action Plan establishing a state-wide cap-and-trade program to limit greenhouse gas emissions. The bill next goes to the Senate where Democrats hold a super-majority. With GOP senators unable to stop what they deem to be freedom-sapping and economically crippling legislation, they refused to attend a scheduled June 20 session to preclude a needed quorum for a vote on the bill. With the Governor now threatening to use the state police to force Senators back to their chamber, it would be a good time to look at the cold, hard facts of what this bill will and won’t do.

Basis - Bill - Science - Costs - Implementation

The very basis for the bill is based on severely flawed science, the increased costs would be economically harmful and successful implementation would have virtually no effect on temperature.

The chief architect of the historic legislation, Rep. Karin Power, stated that failing to take action would “make the planet, as we know it, uninhabitable.” She went on to say, “We are showing other states that it’s not an impossible dream to hold big polluters accountable and use the funds to invest in clean energy and in our most vulnerable communities.”

Oregon - Climate - Action - Plan - Costs

Oregon’s Climate Action Plan will impose huge costs on the state’s citizens and businesses while burdening them with additional levels of restrictions and regulations. According to the state’s Legislative Revenue Office, the bill is expected to increase gasoline prices by 22 cents per gallon in its first year, with prices rising to more than $3.00 per gallon over the next several decades. Natural gas prices are also projected to jump 12% by 2021 and by 40% by 2035.

Abandoning...
(Excerpt) Read more at: Climate Depot
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