Jason Barton

Professional Information and Energy News

CBO says energy bill would cut deficit by $19B

without comments

I’m not necessarily convinced by the numbers presented by the CBO or Congress. Teaching statistics gives great insight as to how complex models can be manipulated, often with the most ethical of intentions and methods, to present very different pictures.

It is still entirely plausible to me, however, that investing in domestic, clean, renewable energy can be extremely positive for the U.S.

8 Jul, 2010
9:16am, EDT

“Senator John F. Kerry’s signature energy and climate change legislation would cut the deficit by $19 billion, according to an estimate released yesterday by the Congressional Budget Office,” the Boston Globe reports. “The legislation faces strong opposition from Republicans and some Democrats from energy-producing states, but the report gives the Massachusetts Democrat and his allies a compelling financial argument amid concerns about the implications of a burgeoning deficit.”

Read the entire article here.