American Crossroads Gets It Wrong On Clean Energy

October 15, 2010 11:04 am ET

American Crossroads has released a new ad that relies solely on clean energy falsehoods to impugn Senate candidate Robin Carnahan (D-MO). The Karl Rove-associated group laments "vast new energy taxes" that will cost Missouri families thousands of dollars in taxes and cause a significant number of job losses. In reality, clean energy legislation will strengthen the economy and create millions of jobs across the country while costing American families only pennies a day. 

American Crossroads: "Windmills"

[CARNAHAN]: "... an independent, clean energy future with new jobs and a new, stronger economy." Why would Carnahan support an Obama cap and trade bill? Vast new energy taxes that could cost families $2,220 a year more and cost Missouri 32,000 jobs. Why would Carnahan ever support a cap and trade tax that's so bad for Missouri families?

Clean Energy Legislation Will Boost The Economy...

Clean Energy Legislation Would Boost GDP By Up To $111 Billion.  According to the University of California-Berkeley: "Comprehensive clean energy and climate protection legislation, like the American Clean Energy and Security Act (ACES) that was passed by the House of Representatives in June, would strengthen the U.S. economy by establishing pollution limits and incentives that together will drive large-scale investments in clean energy and energy efficiency...New analysis by the University of California shows conclusively that climate policy will strengthen the U.S. economy as a whole. Full adoption of the ACES package of pollution reduction and energy efficiency measures would ... boost GDP by $39 billion-$111 billion. These economic gains are over and above the growth the U.S. would see in the absence of such a bill." [UC Berkeley, accessed 1/22/10]

Clean Energy Legislation Would Boost Household Income By Nearly $1,200 Per Year.  According to the University of California-Berkeley: "Full adoption of the ACES package of pollution reduction and energy efficiency measures would create between 918,000 and 1.9 million new jobs, increase annual household income by $487-$1,175 per year... These economic gains are over and above the growth the U.S. would see in the absence of such a bill." [UC Berkeley, accessed 1/22/10]

...And Create Millions Of American Jobs...

Missouri Will Gain 36,000 Jobs From An Investment In Clean Energy Technologies. According to the Center for American Progress and the Political Economy Research Institute, "Missouri could see a net increase of about $2.9 billion in investment revenue and 36,000 jobs based on its share of a total of $150 billion in clean-energy investments annually across the country. This is even after assuming a reduction in fossil fuel spending equivalent to the increase in clean energy investments. Adding 36,000 jobs to the Missouri labor market in 2008 would have brought the state's unemployment rate down to 4.9 percent from its actual 2008 level of 6.1 percent.  [Center for American Progress and the Political Economy Research Institute, Clean-Energy Investments Create Jobs In Missouri, 6/17/09]

Investment In Clean Energy Technology Would Create Up To 1.9 Million American Jobs. According to the University of California-Berkeley, "new analysis by the University of California shows conclusively that climate policy will strengthen the U.S. economy as a whole. Full adoption of the ACES package of pollution reduction and energy efficiency measures would create between 918,000 and 1.9 million new jobs." [UC Berkeley, accessed 1/22/10]

  • Every Single State Will Gain Jobs From An Investment In Clean Energy Technologies. According to the Center for American Progress, investments in clean energy projects would create 1.7 million American jobs in every state in the country. [Center for American Progress,The Economic Benefits of Investing in Clean Energy6/17/09]

...At Minimal Cost To Families

EPA: American Power Act Would Cost Families $79-$146 Per Year Over The Next Four Decades.  According to The Hill: "A new EPA analysis of Senate climate change legislation estimates the plan would impose an average annual household cost of $79 to $146 over 40 years." [The Hill, 6/15/10]

Peterson Institute: American Power Act Would Only Cause "Between A $136 Increase And A $35 Decrease" In Annual Energy Costs Per Household.  In its analysis of the American Power Act, the Peterson Institute for International Economics wrote: "In our analysis, households see somewhere between a $136 increase and a $35 dollar decrease in annual energy expenditures, depending on future improvements in vehicle efficiency. The American Power Act also returns much of the revenue raised through the sale of pollution permits to households, with further mitigates the impact of higher energy prices." [Peterson Institute, May 2010]

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