Oil Money-Backed Advocacy Group Opposes Greenhouse Gas Initiative
Americans for Prosperity calls RGGI a cap-and-trade scheme.
In anticipation of a Thursday legislative vote that could push New Jersey back into the Regional Greenhouse Gas Initiative, Americans for Prosperity, a citizen advocacy group largely funded by oil magnates the Koch brothers, is challenging a report that touts the program's economic benefits. According to a study released last year by the Analysis Group, RGGI has resulted in $1.6 billion in tax revenue from the sale of carbon allowances, thousands of jobs and more than a billion dollars in economic benefits, including lower energy bills to consumers. However, Americans for Prosperity disputes the report, attributing it to "liberal politicians and environmentalists, desperate to keep the failing cap-and-trade program alive." It cites the …
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Joe G
4:22 pm on Thursday, March 15, 2012
Global warming is a hoax used to justify further centralized government control over the economy and another means to separate citizens from their wealth. How many jobs would be created in NJ alone should the cost of energy come down? Every industry from transportation to entertainment to manufacturing are directly impacted by the cost of energy, taxing energy and coming up with elaborate carbon … more ›