More on the climate change bill...

[xallanthia]

Via this post on Environmental Economics...  Texas commissioned a study on the economic impacts of the bill as it stands at the moment.  It's all there for you to read, but the basics of their conclusions are presented succinctly in the executive summary.  This study doesn't include any costs from upgrades to systems that might be required, or

Comments

[aranel]

If it's $27/month in Texas, I imagine it's going to be higher in colder parts of the country where people are directly dependent on gas furnaces to heat their homes for several months of the year (although obviously, costs for A/C should be somewhat lower). Unless this doesn't count natural gas provided directly to the consumer?

[xallanthia]

The study was on the effect on the price of electricity; natural gas burned for heat is a different animal. I'll have to look more closely at the bill itself to see how this is handled. Certainly individual homeowners will not be required to obtain carbon permits!