This Global Climate Coalition (GCC) document titled “Economic and Employment Impacts from Proposed Greenhouse Gas Emissions Restrictions” argued against proposed carbon emission reduction plans. The industry-funded GCC opposed greenhouse gas regulations through direct engagement and collaboration with affiliated climate deniers from 1989 to 2002. Its membership spanned across the automotive, utility, manufacturing, petroleum, and mining industries.
GCC argued that omitting developing countries from emissions reduction plans, including a carbon tax, would cause massive economic strain on the economies of developed nations, one result being, “…that energy intensive industries would be economically compelled to move to non-taxed countries, taking jobs with them.” They concluded, “The potential economic consequences of the greenhouse gas emissions reduction proposals now under consideration are large enough that policymakers should call for a rejection of the current direction.”
Interested in more GCC documents? See more in the full Global Climate Coalition collection.