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Day two of David Pecker testimony wraps in NY Trump trial; Supreme Court hears arguments on Idaho's near-total abortion ban; ND sees a flurry of campaigning among Native candidates; and NH lags behind other states in restricting firearms at polling sites.

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The Senate moves forward with a foreign aid package. A North Carolina judge overturns an aged law penalizing released felons. And child protection groups call a Texas immigration policy traumatic for kids.

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The urban-rural death divide is widening for working-age Americans, many home internet connections established for rural students during COVID have been broken and a new federal rule aims to put the "public" back in public lands.

New Analysis: Cap and Trade Law Helps Consumers

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Friday, June 26, 2009   

Iowa City, IA – With Congress ready to vote on legislation capping greenhouse gas emissions, some Iowa groups warn that critics of the American Clean Energy and Security Act are distorting information on how the measure will impact Iowa consumers.

Teresa Galluzzo, research associate with the non-partisan Iowa Policy Project, says claims that the Act would leave consumers with significantly higher utility bills is disputed by a new report from the Congressional Budget Office and the Environmental Protection Agency. Those analyses, she says, show only modest price increases, with low-income households actually receiving a $40 annual increase in income thanks to a provision that shares some of the proceeds from the emissions permits. Most importantly, says Galluzzo, is a new policy that would help move the nation and state away from a dependence on energy sources that pollute.

"The importance of taking action on climate change necessitates that we will have some price increases to change our behavior. But, the worst thing would be to do nothing and not make effective climate policy. The cost increases that we have from unchecked climate change would be very harmful for Iowans. We need to address these costs now and move on with a healthier and cleaner Iowa."

Nathaniel Baer, energy program director for the Iowa Environmental Council, says the Act would help both the climate and economy.

"The bill will take the steps necessary to reduce our greenhouse gas emissions to the points that scientists say we need to avoid the worst consequences of global warming. But, the flip side of the bill is that it will drive new jobs, new industries and new innovation, particularly in places like Iowa."

The American Clean Energy and Security Act's proposed cap-and-trade system would place limits on greenhouse gas emissions and require entities that release pollutants to hold permits for their emissions. The bill is expected to come to a vote later today or this weekend.





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