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Cap and Trade's Effect on the Poor

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Uploaded by on Oct 12, 2009

IER's Robert Murphy discussing cap and trade's effect on the poor. A new study found cap-and-trade will transfer $14 billion from the lower 80% of Americans into the pockets of the upper 20%.

The full study can be found here: http://tinyurl.com/yggc8yq
("Who Benefits from Free Emission Allowances? An Economic Analysis of the Waxman-Markey Cap-and-Trade Program," by Andrew Chamberlain)

Original air date: October 1, 2009

http://www.instituteforenergyresearch.org

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  • @biantai888 so your for cap and trade?

  • Laughable political lobbying masquerading as a news report.

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