Waxman-Markey Admits Waxman-Markey is a Jobs Destroyer

Conn Carroll / May 21, 2009

The Center for American Progress claims “The Waxman-Markey bill will create jobs by spurring investment in renewables and efficiency.” And its true. Our own Center for Data Analysis study of the employment impacts of Waxman-Markey shows that the bill will create some new jobs. Problem is those new jobs will be dwarfed by the job losses caused by the higher energy prices Waxman-Markey would create.

Don’t believe that Waxman-Markey is a jobs killer? Well Waxman-Markey does. Title VII, Subtitle B, Part 2 of Waxman-Markey is titled “Climate Change Worker Adjustment Assistance.” And just who are these “climate change workers”? Section 425 (b)(1)(A) says these workers must be employed in: (more…)