SocraticGadfly: Obama CO2 plan won't hurt your wallet much

November 27, 2009

Obama CO2 plan won't hurt your wallet much

No, seriously. Stop believing the bullshit from the GOP and U.S. Chamber of Commerce.

Here's the actuality, or some good estimates on it.

The biggest thing you'll notice? A doubling of your electric bill. BUT.. that's if you keep the AC, and heater if you have electric heat, set at the same thermostat setting as you do now, rather than reacting to higher prices. It also excludes the effect of more efficient appliances. Or a push for better-insulated new homes and even new apartments.

Gasoline? Can you afford and extra quarter per gallon, or so? Of course you can. Not counting buying a more efficient car.

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