Cap and Trading Your Job In for Unemployment Insurance
Nicolas Loris /
Title IV, Subtitle B, Part 2, Section 426 of the Waxman-Markey cap and trade legislation:
An eligible worker (specifically, workers who lose their jobs as a result of this measure) may receive a climate change adjustment allowance under this subsection for a period of not longer than 156 weeks…80 percent of the monthly premium of any health insurance coverage…up to a maximum payment of $1,500 in relocation allowance…and job search expenses not exceed[ing] $1,500.”
Climate change adjustment allowance? Seriously?