It's a rather unscientific poll, using estimates and predictions of future energy costs to present to those surveyed.
That said, I am not happy about the cap and trade program in general. I think that it will hurt the economy and favor those who are capable of exploiting giant loopholes in the program. (Essentially consolidating industries into a few large players.)
And THAT said, I think HN is worthy of a much better article on the subject than a few paragraphs about a poll followed by a bunch of quotes from politicians.
I'm not sure a poll is needed. The whole point of Cap 'n Trade is to reduce certain kinds of economic activity, as well as provide new securities for Goldman Sachs to trade. Bankruptcies would not be a side effect.
Workers who lose their jobs if the pending climate change legislation becomes law could get a weekly paycheck for up to three years, subsidies to find new work and other generous benefits
In other words, all the displaced workers will be put on welfare, presumably to keep them from marching on DC.
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[ 4.2 ms ] story [ 12.6 ms ] threadThat said, I am not happy about the cap and trade program in general. I think that it will hurt the economy and favor those who are capable of exploiting giant loopholes in the program. (Essentially consolidating industries into a few large players.)
And THAT said, I think HN is worthy of a much better article on the subject than a few paragraphs about a poll followed by a bunch of quotes from politicians.
Job losses are also built in
http://www.washingtontimes.com/news/2009/jul/03/energy-job-l...
Workers who lose their jobs if the pending climate change legislation becomes law could get a weekly paycheck for up to three years, subsidies to find new work and other generous benefits
In other words, all the displaced workers will be put on welfare, presumably to keep them from marching on DC.