According to the Congressional Budget Office, policies to reduce greenhouse gas emissions will also reduce employment. CLICK HERE to read the report. In particular, job losses in the industries that shrink would lower employment more than job gains in other industries would increase employment, thereby raising the overall unemployment rate. And if that isn’t harmful enough, according to the U.S. Labor Dept, the lowest 20% income earners will suffer the most. This segment spends over 23% of household income on energy. This nonsensical attempt to reduce CO2 emissions in the U.S. which accounts for less than 17% of worldwide emissions, will have little to no affect on global emissions all the while devastating American jobs and households.

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