The Climate & Equitable Jobs Act is expected to cost more than $800 million annually and result in an average $1.2 billion increase in energy rates each year for 10 years. Chicago’s Building Owners & Managers Association also estimates that the law will mean owners of large buildings in the city will have to shell out more than an extra $1 million per building over the next decade—not an insignificant cost as the city attempts to lure companies back to physical offices.
The law’s critics often cite such anticipated expenses when arguing against it—and survey results show that line of argument gets traction. Only a small minority of U.S. adults (17%) are willing to pay more for public utilities generated by renewable energy. While most Americans do not feel strongly about renewable energy spending, they remain greatly concerned about the health of their pocketbooks.
This is not…
Harris Poll finds public lukewarm on a clean energy economy
