Cap and Trade

Global recession expected to drive the big drop greenhouse emissions
September 23, 2009

Jesse Jenkins, Ted Nordhaus and Michael Shellenberger The Breakthrough Institute The large decline in U.S. emissions in 2008 and 2009 due to the economic recession ensures that if the House-passed Waxman-Markey climate legislation becomes law, the bill’s emissions reduction cap will require no reduction of carbon emissions over the first two to five years of [...]

Economic Impact of the Waxman-Markey
August 12, 2009

The National Association of Manufacturers (NAM) and the American Council for Capital Formation (ACCF) releases a comprehensive study on the impact of The American Clean Energy and Security Act of 2009, also known as the Waxman-Markey Bill (HR 2454). The bill aims to reduce greenhouse gas emissions and to cap the amount of carbon that [...]

EIA: Economic impacts of HR 2454
August 4, 2009

This report responds to a request to the Energy Information Administration (EIA) from Chairman Henry Waxman and Chairman Edward Markey for an analysis of H.R. 2454, the American Clean Energy and Security Act of 2009 (ACESA).1 ACESA, as passed by the House of Representatives on June 26, 2009, is a complex bill that regulates emissions [...]

ERCOT sees $10 bil hike with cap-and-trade
May 13, 2009

Third Planet Windpower A carbon dioxide cap-and-trade plan proposed under a House of Representatives climate change and energy bill would hike wholesale power prices in the Electric Reliability Council of Texas approximately $10 billion in 2013, according to a study issued Tuesday by the grid operator. The bill by House Energy and Commerce Committee Chairman [...]