They sue, you pay: New Report Exposes The Hidden Costs of Climate Lawfare

They sue, you pay: New Report Exposes The Hidden Costs of Climate Lawfare

Washington, D.C. — Today, Power The Future, along with economist E.J. Antoni, launched a shocking new report, Who Really Pays? The Consumer Cost of Climate Litigation and "Climate Superfund" Legislation in the United States, exposing the massive hidden price tag Americans could pay from the nationwide climate lawsuits. The report outlines that if every pending lawsuit and proposed law succeeded, the burden on the American energy system could reach $280 billion a year, adding roughly 41 cents to the price of every gallon of gasoline.

The entire report can be found at WhoReallyPays.Com.

"While the eco-left has suddenly pretended to discover affordability, they want to hide this massive tax hike no one voted for," said Daniel Turner, Founder and Executive Director of Power The Future. "No politician would survive telling voters, 'I'm raising your gas tax 41 cents a gallon,' so the radical left found a workaround: sue and stick you with the bill. It's really that simple. They sue, you pay."

Among the report's key findings:

• If every pending lawsuit and superfund law succeeded, the total annual cost to the American energy system could reach $280 billion, as much as $2,111 per household per year, or $21,108 over the next decade.

• The costs would land directly on consumers: as much as 41 cents more per gallon of gasoline and up to an 8.6% increase in electricity rates.

• The campaign spans more than 300 distinct legal actions, three enacted state "climate superfund" statutes, a dozen additional state legislative proposals, and one pending federal bill.

• One proposed federal bill alone would impose a $100 billion-a-year assessment on energy producers. Those costs are virtually certain to be passed on to consumers.

• Low-income households already spend 9.1% of their income on energy, nearly four times the 2.4% spent by other households, meaning they would be hit hardest by these added costs.

• The report finds no scenario in which the cost to consumers is zero.

Power The Future is calling on Congress to pass the Stop Climate Shakedowns Act, which would end retroactive climate lawsuits and "climate superfund" laws before they can drive up energy prices on American families.

Power The Future is a 501c4 non-profit dedicated to fighting for American energy workers.