Cap-And-Trade's Price Tag Still Unclear, Experts Say

Law360, New York (October 14, 2009, 5:11 PM EDT) -- Energy prices will go up and economic growth will slow under proposed cap-and-trade legislation, but whether the bill's benefits outweigh its costs will hinge largely on future policy and technological advancements, budgetary analysts told a key U.S. Senate committee Wednesday.

The Senate Committee on Energy and Natural Resources kicked off a series of hearings on the Clean Energy Jobs and American Power Act on Wednesday with a look at economic impact analyses prepared on a related cap-and-trade carbon regulation bill passed by the U.S. House of...
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