"[W]ithout well-designed policies to offset the impact of…costs on low-income households' budgets, policies that are effective at controlling greenhouse gas emissions and achieving the benefits of fighting global warming could push more families into poverty and make many of those who already are poor still poorer.

"[T]his dire outcome is preventable. There are effective ways to use a portion of the revenue that can be captured through the auctioning of emissions allowances to protect low-income households,” testified Chief Economist, Chad Stone, today before the Senate Committee on Energy and Natural Resources.

• Full Testimony
• Podcast: Chad’s Remarks at Today’s Hearing
• Podcast: Low-Income Consumers and the Kerry-Boxer Climate Bill

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