Center for Data Analysis - The Heritage Foundation

Environmental Legislation Would Damage the Economy
July 06, 2008

The Lieberman-Warner bill would enact limits on CO2 and other greenhouse gas emissions would impose significant costs on virtually the entire American economy. In addition, complicated tariff rules, dependent on evaluating the GHG restrictions of all trading partners, add another unknowable dimension to the costs, fueling the overall uncertainty. The problems for our economy are increased by S. 2191's reliance on complex and costly technologies that have yet to be developed. This CDA report examines the bill's economic impact.

The Economic Costs of the Lieberman-Warner Climate Change Legislation

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