Another Study Proving Creigh Deeds’ Cap and Trade Proposal Would Cost Virginians Their Jobs
Deeds Called on Congress to Pass Job-Killing Cap and Trade Legislation
Non-Partisan Study Finds Cap and Trade will Cost Virginia 26,604 Jobs Per YearRICHMOND- Yet another study has been released demonstrating the devastating impact federal cap and trade legislation, championed by Creigh Deeds, would have on Virginians.
THE STUDY
The results of this new study, by the non-partisan American Legislative Exchange Council (ALEC), were announced yesterday. The study finds, “...between the years of 2012 and 2035, Virginia would lose each year an average of 26,604 jobs and $8.75 billion in gross state product, or about $996 per person. Waxman-Markey alone would account for an average annual gas price increase of $0.64 per gallon over the same time period and electricity cost increases per household of $532.”
The full study can be found here:
Cap and Trade Creigh
Just last year Creigh Deeds served on Governor Kaine’s Climate Change Commission.
The Commission specifically recommended:
”Advocating for federal actions that will reduce net GHG emissions. For example, the report calls on Congress to establish a mandatory economy-wide cap and trade program to reduce greenhouse gas emissions that allows use of certified high quality offsets, and includes, through a combination of free and auctioned allowances, a financial incentive to reduce carbon emissions, with revenues to be used for actions to mitigate and adapt to climate change…” link
Creigh boasted of his support for the Commission’s recommendations this spring, telling the Sierra Club in a formal candidate survey:
”As a member of Gov. Kaine’s Climate Change commission, I have endorsed the many measures undertaken through our work.” link