Sunday, June 28, 2009

Climate bill is good for the environment, and for sustainability, but will impoverish millions as prices of everything - from toys to cars to houses - go up

Some increases would be reflected in the prices of goods and services, economics say. It might mean shelling out more for a toy because plastic, a petroleum based product, is more expensive, or paying more for a house because of new efficiency requirements.

SHOOT: This comes at a very difficult time. When people are losing their jobs. Probably in future there will be violent opposition to climate change legislation, and people will begin blaming 'green deal people' for their woes. Too bad we didn't start adapting our lifestyles during the boom period of the past decade. Now it is going to hurt.
clipped from
FILE -  The July 17, 2007 file photo shows an iceberg floating in a bay off

But what does that mean to the average person?

Energy touches every corner of the economy and in countless ways can alter people's lives.

Such a law would impact how much people pay to heat, cool and light their homes (it would cost more); what automobiles they buy and drive (smaller, fuel efficient and hybrid electric); and where they will work (more "green" jobs, meaning more environmentally friendly ones).

Critics of the House bill brand it a "jobs killer." Yet it would seem more likely to shift jobs. Old, energy-intensive industries and businesses might scale back or disappear. Those green jobs would emerge, propelled by the push for nonpolluting energy sources.

That could mean making or installing solar panels, repairing wind turbines, producing energy-efficient light bulbs, working for an environmental engineering firm or waste recycler, making equipment that harnesses carbon from coal burning and churning out energy-saving washing machines or air conditioners.

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