Archive: Richard L. Revesz: March 2010
An important addition to any new climate bill is a refund mechanism to protect lower and middle class families from increased energy prices. No matter what road Congress takes to control our greenhouse emissions, energy prices will rise to some extent. The costs businesses incur in their compliance of any new rules will be passed on to consumers.
By Richard L. Revesz | March 5, 2010; 09:30 AM ET | Comments (8)