Washington, D.C.–(ENEWSPF)–March 19, 2014. Today, as coal and utility companies once again predict that carbon pollution limits would result in skyrocketing electricity rates, the Center for American Progress released an analysis proving that their record as prognosticators is quite poor. The power industry’s past predictions of doom were wrong—16 percent too high in one instance—and so are their current claims that the first carbon-pollution cuts for power plants executed by the Environmental Protection Agency would be disastrous. In fact, past air safeguards have huge net economic benefits.
