Keeping in mind how all previous negative projections (banning CFCs will increase costs, regulating SO2 will cause electricity prices to increase...) have consistently been wrong!
*cough check your bills cough*
Really?
The industry predicted this for SO2 cap and trade.
Mr. Addison warned that rate-payers in states with many coal-fired power plants would face particularly high increases. Consumers in 10 states—Alabama, Georgia, Illinois, Indiana, Kentucky, Missouri, Ohio, Pennsylvania, Tennessee, and West Virginia—would face utility rate hikes of 5.5 percent to 13.1 percent by 2009. Mr. Addison concluded that these calculations “underestimate the rate shock that would actually occur.”
What actually happened.
Since then, national electricity rates have actually declined by an average of 19 percent from 1990 to 2006 (2006 dollars).
Of the 10 states Mr. Addison specifically identified that would suffer some of the highest rate hikes, the average electricity price in 2006 dollars was 35 percent lower in 2006.
Oops - maybe you should check your bills.