Allowances | Grist

What does the CBO report on Waxman-Markey actually tell us? (Not much). 2
Posted 5 months, 2 weeks ago
The Congressional Budget Office recently issued its report on the Waxman-Markey bill. The Washington Times soon trumpeted: "CBO puts hefty price tag on emissions plan: Obama's cap-and-trade system seen costing $846 billion."

This is quite misleading. Actually, the CBO report tells us virtually nothing about the economic costs of the bill or how much consumers will lose out of pocket. In fact, the way most people understand the idea of a budget deficit, it doesn't really say much about that either. CBO's analysis is based on some very technical accounting that can easily be misinterpreted. In particular, CBO treats the issuance of free carbon allowances quite differently than most people would expect.
Follow the money, not the mechanism

Myth: Waxman-Markey gives away 85 percent of allowances to polluters 16
Posted 5 months, 2 weeks ago
As the Waxman-Markey bill nears a make-or-break vote in the House, it's more important than ever that those who would work to improve it first understand it. One of the central critiques of the bill is a red herring at best and at worst simply false.
PLUS! why the allocations do not undermine energy efficiency efforts

Everything you wanted to know about Waxman-Markey allocations 0
Posted 5 months, 3 weeks ago