Title: Most States Lose Under the Pending Climate Bill Consumers in red colored states will pay more for electricity to make up for the shortfall in allowances (dollars in millions).
1Most States Lose Under the Pending Climate
BillConsumers in red colored states will pay
more for electricity to make up for the shortfall
in allowances (dollars in millions).
The shortfall in allowances to the red states
will be expressed through higher electricity
costs to consumers, the total of which will
roughly correlate with the dollar losses noted on
the map. For example, Texas electricity
consumers will see electricity costs go up by
roughly 1 billion. To make up the shortfall, red
states will have to seek high-cost, non-CO2
emitting electricity sources, reduced electricity
production and consumption, or purchase
allowances from the green states, or through
domestic and international offsets, likely a
combination of the three.
204.2
-5.7
-129.1
-257.3
-103.5
88.4
-206.8
59.5
75.5
5.5
-334.4
-374.5
-636.7
-249.1
-642.5
-102.5
-33.6
-443.9
-763.5
-684.1
-259.6
-211.9
-6.9
-206.8
-428.1
-543.3
385.6
-241.0
-184.7
MA -16.7 CT 26.2 NH -24.2 RI 1.8 NJ
104.1 VT 21.2 MD -50.1 DE -18.9
-96.7
-294.8
-108.4
-250.1
-218.8
-75.7
-367.6
-472.2
-226.7
-1,159.1
-339.1
-18.1
-44.2
Based on Energy Information Administration (EIA)
and Congressional Budget Office (CBO)
data. Dollars in millions. Approximate cost to
customers in 2012 (at CBO estimate of 15/ton).