Continental Economics has just released a report that describes a cost-benefit analysis of proposed legislation in Maryland that would double that state’s Renewable Portfolio Standard to 40% of total electric consumption in the year 2025.  The analysis shows that doubling the RPS will increase electric costs by between $4.1 – $6.5 billion, will lead to the loss of thousands of Maryland jobs because of those higher electric costs, and will have negligible environmental benefits.

Click here to download a complete copy of the report.