This fact sheet provides a clear, concise examination of the adverse effects that legislation such as the Waxman-Markey bill (cap-and-trade) could have on Texas’ economy-resulting in job losses, rising energy prices, and reversed economic growth.
Energy & Environment
Chuck DeVore Testimony | U.S. House of Representatives Committee on Oversight and Accountability; Economic Growth, Energy Policy, and Regulatory Affairs Subcommittee
The COVID-triggered recession of 2020 lasted two months, starting in February and ending in March, with the federal government spending trillions of dollars to stimulate the economy in the wake of a global pandemic. After losing almost 22 million jobs in two months due to government-imposed lockdowns, the economy recovered 12.5 million jobs—57% of the...
October 11, 2024