•    As of May 2009, the Bureau of Labor Statistics reported that the national unemployment rate was 9.4 percent and that since the recession began in December 2007, 7 million jobs have been lost in the United States.

•    The Waxman-Markey bill would impose huge new costs on virtually every American consumer and business and has the potential to destroy many U.S. jobs and trigger significant additional unemployment.

•    Without a global agreement on carbon regulations, firms that are put out of business by Waxman-Markey could simply relocate to parts of the world that have no comparable laws to contend with. This means jobs will move overseas with our carbon emissions – producing zero benefit to our environment or the American economy.

•    Supporters of Waxman-Markey claim a “green job revolution” will deliver us out of the recession.  But a recent study by Spanish economist Gabriel Calzada found for every 1 green job created by the Spanish government, 2.2 real jobs were lost as an opportunity cost.  Furthermore, in the past 10 years, 9 out of every 10 green jobs created by Spanish government subsidies doesn’t even exist anymore. There is little reason to think the same thing couldn’t happen in this country.

•    An amendment offered by U.S. Rep. Fred Upton, R-Mich., during the global warming bill markup in late May, would require the EPA administrator every year to prepare and certify a report to Congress on the national unemployment rate for the past year. If the unemployment rate reaches 15 percent or higher as a result of the act, the act would be suspended to protect jobs. Democrats defeated the amendment 34 to 21.