03 Oct 2009

Two Items on Cap-and-Trade

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* Here I elaborate on Krugman’s chastisement of Martin Feldstein’s allegedly bogus numbers on the costs of Waxman-Markey. (Hint: When you use the number Krugman recommends–and translate it back into a per-household figure–it’s much higher than the number Feldstein had been using.)

* Here’s my hit on Fox Business Live, talking about a new IER study on the regressive nature of Waxman-Markey (because of the allowance handouts to certain industries). (Note that they incorrectly refer to my group as “Institute of Energy Research” when it’s really “Institute for Energy Research.”)

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