Recently, Dr. Laurie T. Johnson of the Natural Resources Defense Council (NRDC) critiqued The Heritage Foundation's analysis of the Waxman-Markey bill (H.R. 2454, "American Clean Energy and Security Act of 2009").
Foreword The promotion of economic freedom at home and abroad is essential not only for a genuine and sustained revitalization of the U.S. economy, but also to strengthen U.S. national security. In 2010, the United States fell from the highest category of economically free countries (those with overall scores above 80) in the Index of Economic Freedom. It has been stuck in the ranks of the “mostly free,” second-tier economic freedom category ever since.
President Obama promised an energy policy that would increase energy production and create jobs in his second term, but during his first term he accomplished largely the opposite.
Table 1: Estimated Economic Impact of S. 2191 Table 2: Changes in Household Energy Prices Due to S. 2191 Chart: Economic Impact by Congressional District Workers and families in the state of Rhode Island may be wondering how climate change legislation before Congress would affect their income, their jobs, and the cost of energy.