Archive for the Politics Category

Climate bill seen raising gasoline prices

Climate bill seen raising gasoline prices

San Francisco (Reuters) - Point Carbon, a market analysis firm, estimated on Thursday U.S. gasoline prices would rise an average of 27 cents per gallon from 2013 to 2020 if expected U.S. climate legislation led by Senator John Kerry becomes law. U.S. carbon prices should average about $31 a tonn