No. 101 – State Greenhouse Gas Programs: An Economic Analysis (ppt)

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Presentation to the Pennsylvania House Committee on Environmental Resources and Energy.

Preview of Findings

• Reducing greenhouse gas emissions to 7 percent below 1990 levels would cost Pennsylvania state government $440 million a year.

• The slower economic growth due to higher energy costs would reduce state revenue by $4.7 billion per year.

• Total cost to state government would be $5.14 billion, about 26.5 percent of 2001 general fund revenues.

• The cost to consumers and businesses in Pennsylvania would be unbearable, $11,305 per household.

Joseph Bast

Joseph Bast is a Senior Fellow at The Heartland Institute. He cofounded Heartland in 1984, serving as executive director then as president & CEO until January 2018. His research and writing focuses on climate change and energy policy.

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