Fact Checking: They Still Have It Wrong

With the House set to vote today on the American Clean Energy and Security Act, the misinformation from the bill’s opponents is flying fast. Our staff economists have been working furiously to circulate the facts:

• Grade: F. Dr. Nat Keohane pulled out his professor pen again to mark up a Heritage Foundation fact sheet.
• It only takes a dime a day. Opponents of action have been trying to scare voters with inflated and misleading accounts of how this bill will affect consumers’ daily expenses. However, the two most independent and credible analyses project much lower costs.
• Draconian assumptions. One tactic opponents use to get such inflated cost estimates is to make assumptions that ignore policy provisions and impose artificial constraints. This paper breaks it down.

When floor debate starts later today, the policy and economics specialists here at EDF will be hard at work correcting misstatements. Stay tuned here to see the facts.