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Worst Case Scenarios

By The Daily Dish

Jul 2 2009, 10:38 AM ET

Bradford Plumer backs for the climate bill but offers this caveat:

It's possible for Congress to design a climate bill so malignant that electricity rates quickly spike, polluters buy up shady offsets by the truckload, and Goldman Sachs makes a fortune manipulating the carbon-trading market. In that case, public support for action on climate change would evaporate. Now, I don't think the House climate bill will lead us to that fate, and neither do the EPA and CBO analyses, but it's a definite concern.

-- PA



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