Panel Claims Climate Bill Would Have Devastating Impact On West Virginia Economy
August 27, 2009
The Huntington News reports that a panel of speakers at the Marshall Student Center Alumni Lounge discussed the potential economic impact of the Waxman-Markey bill. One of the panel’s speakers, Dr. Margo Thorning, senior vice president and Chief Economist of the American Council for Capital Formation, “projected that by 2030, [West Virginia’s] gross state product would be lowered by $1.32 billion dollars, a loss of 5,611 jobs, gasoline up seventy cents a gallon, and, depending upon whom you rely, electricity costs shooting to infinity.”
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