|
|
The Impact of America’s Climate Security Act of 2007 (S. 2191)
on the
U.S. Economy and on Global Greenhouse Gas Emissions
American Council for Capital Formation
By Margo Thorning, Ph.D.
Senior Vice President and Chief Economist, American Council for Capital
Formation
Before the Committee on Environment and Public Works
U.S. Senate, November 8, 2007
(PDF
of Full Testimony)
“A major stumbling block to the U.S.’s meeting the targets
set forth in America’s Climate Security Act of 2007 (S. 2191) is
projected increases in covered emissions and population growth over the
next several decades,” Dr. Margo Thorning explained to members of
the Senate Environment and Public Works Committee at a hearing on November
8, 2007. “Sharp cutbacks in U.S. energy use would be necessary to
close the 55 percent gap in 2030 between projected emissions and the S.
2191 target.”
Experts testifying at the Senate Environment and Public Works Committee’s
hearing on November 8, 2007 included Peter A. Darbee, Chairman of the
Board, CEO and President, PG&E Corporation; Jonathan C. Pershing,
Director, Climate Energy and Pollution Program, World Resources Institute;
Anne E. Smith, Vice President, CRA International; Margo Thorning, ACCF
Senior Vice President and Chief Economist; and Wiley Barbour, Environmental
Resources Trust.
To
read the testimony, please click here.
To
read the ACCF press release on the Lieberman-Warner bill, please click
here.
|
