Paul Tullis's Grim Tidings

Bitter musings on politics and policy

Cheap compared to the cost of doing nothing

leave a comment »

What do you pay for home insurance? Is it more than $175 a year? Probably. And you probably don’t think about it much—not to pay it would be foolish.

Well, $175 is what the Congressional Budget Office estimates the energy bill now working its way through Congress will cost the average household. And the likelihood of drastic climate change in your lifetime, which could cost you a lot more than $175 a year, is much greater than the chance your house will burn down in 2009.

The price tag would be even larger for wealthier Americans while the poorest can expect to get a small dividend.

I don’t get the use of the modifier “even” here; $175 seems like not very much money to me— it’s about what my wife and I spend on dinner, a babysitter, and movie or music tickets when we go out once a month. It’s even less than Clinton-Gore’s proposed BTU tax in 1993 (which would have averted billions in cost and saved millions of lives).

House Climate Bills’s Annual Average Household Cost Is $175, CBO Says

Advertisements

Written by ptullis

June 24, 2009 at 1:18 pm

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: