The coal industry will suffer, but advocates of the proposal say it could spur creation of jobs in energy efficiency and development of renewable energy sources. As for the price of electricity, the costs of complying with the mandate to cut carbon will push up rates, at least initially. How much, however, and whether it will be enough to drive out some manufacturing jobs are among the big unknowns.
Posted on: Mon, 02 Jun 2014 23:03:38 +0000
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