MAJOR NEW EPA REPORT: Emissions trading will cut emissions 56%, won't damage economy
19 Mar 2008
A United States' Environmental Protection Agency's report into the impact of the front-running Senate bill - introduce an emissions trading - says it will cut GDP by 1% only by 2030 - but see emissions fall 56% by 2050.
The EPA economic analysis of the Lieberman-Warner Climate Security Act of 2008, says the bill won't do any significant economic over the next 20 years.
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