Waxman-markey's Transfer Of U.s. Wealth To Foreign Nations

H.R. 2454’s Transfer of U.S. Wealth to Foreign Nations Cost paid by consumers by state for international offsets (dollars in millions). U.S.Total = $15 billion for 2012, alone. The map shows the international offsets each state would have to purchase to help close the gap between their share of the cap under H.R. 2454 and their emissions. For example: Based on its percentage of total U.S. emissions, Ohio's allotment of international offsets would be 68.8 million metric tons valued at $688 million. This would be short of the 77.4 million metric tons of international offsets Ohio would need to cover its share of required U.S. emissions reductions.

$57.4

$210.2 $132.6

$90.9

$258.5

$106.6 $39.4

$281.4

$33.5

$532.6 $482.4

$157.9 $109.3

$125.7

$168.6

$240.9

$182.6

$712.6

$203.9 $628.2 $597.0 $358.4

$286.8

$327.7

$385.8

$992.5

$390.3 $315.8

$$$

$245.2

$270.2 $149.3

$153.5

$1,568.7

$550 M - $1,600 M

$459.4

$250 M - $549 M

$120.6 $58.8

Based on Energy Information Administration and Environmental Protection Agency (EPA) data. Dollars in millions. Approximate cost to customers in 2012 (at EPA’s optimistic estimate of $10/ton).

$215.8 $465.8

$158.4

$0 M - $249 M

$$$

$687.5

$356.7 $658.9

MA CT NH RI NJ VT MD DE

$213.6 $111.4 $53.5 $27.8 $334.8 $17.1 $209.3 $44.4