The People of America's Oil and Natural Gas Indusry

Your State and the Climate Bill

Jane Van Ryan

Jane Van Ryan
Posted July 17, 2009

As we've noted several times on this blog, the costs and job losses that could be caused by the House-passed climate bill are quite large--almost too large to fully comprehend. Therefore, API has produced a series of brief papers that break down the bill's impact on a state-by-state basis.

Here's an example: Indianais ranked #7 in total carbon dioxide emissions. Under the Waxman-Markey bill, Indiana could lose 42,000 jobs in just a few years in addition to the jobs that already have been lost due to the recession. If these jobs were eliminated today, the Hoosier state's unemployment rate would climb from 10.6 percent to 11.9 percent.

Check out the potential impact of the climate bill on your state.