Waxman-Markey clean air, clean water, clean energy jobs bill creates $1.5 trillion in benefits

As award-winning journalist Eric Pooley concluded in a comprehensive study of the media’s mistakes and biases during the Lieberman-Warner climate bill debate, “The press failed to perform the basic service of making climate policy and its economic impact understandable to the reader and allowed opponents of climate action to set the terms of the cost debate. The argument centered on the short-term costs of taking action–i.e., higher electricity and gasoline prices–and sometimes assumed that doing nothing about climate change carried no cost.”  See How the press bungles its coverage of climate economics — “The media’s decision to play the stenographer role helped opponents of climate action stifle progress.” The following repost from guest blogger Daniel J. Weiss, a Senior Fellow and Director of Climate Strategy at the Center for American Progress Action Fund, looks at a new study that aims to help address the flaw in economics coverage. …

Waxman-Markey clean air, clean water, clean energy jobs bill creates $1.5 trillion in benefits

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