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Adapting to Climate Change: A Call for Federal Leadership

This report highlights the important role of the federal government in reducing the vulnerability and strengthening the resiliency of our economy and natural resources in the face of these changes. In addition to managing a significant amount of land and …

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Summary of the Carbon Limits and Energy for America’s Renewal (CLEAR) Act (S.2877)

On December 11, 2009, Senators Maria Cantwell (D-WA) and Susan Collins (R-ME) introduced the Carbon Limits and Energy for America’s Renewal (CLEAR) Act (S..2877 of the 111th Congress). This bill would puts limits on carbon emissions. It auctions all of the allowances …

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Economic Insights from Modeling Analyses of the American Clean Energy and Security Act

Economic models are an important tool for evaluating the potential impact of proposed legislation on our economy. This brief compares modeling analyses of the House-passed clean energy and climate bill (H.R. 2454) conducted by seven different groups including government agencies, …

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In Brief: What Pending Climate Legislation Does for Nuclear Power

Electricity generation accounts for more than one third of total U.S. greenhouse gas (GHG) emissions. Nuclear power is a virtually carbon-free source of reliable, baseload electricity which can play a very large role in decarbonizing the U.S. electric power sector. …

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Cost Containment and Offset Use in the American Clean Energy and Security Act

The U.S. House of Representatives passed the American Clean Energy and Security (ACES) Act, sponsored by Representatives Waxman and Markey, on June 26, 2009. The ACES Act includes a market-based regulatory program—cap and trade—to limit greenhouse gas (GHG) emissions. Specified …

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In Brief: What the Waxman-Markey Bill Does for Coal

Coal is an inexpensive and abundant domestic energy resource; the United States has larger coal reserves than any other country—likely enough to sustain current production levels for more than two centuries. Coal prices are generally less volatile than those of …

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Addressing Competitiveness Issues in Climate Legislation

Energy-intensive industries may face certain competitiveness concerns resulting from a program to reduce U.S. greenhouse gas (GHG) emissions. Industries such as aluminum, cement, iron and steel, pulp, paper, and certain chemicals — as large energy users — all have high …

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Publication
Distribution of Allowances under the ACES Act

The U.S. House of Representatives passed the American Clean Energy and Security (ACES) Act on June 26, 2009 by a vote of 219-212. The ACES Act includes a cap-and-trade program designed to limit emissions of greenhouse gases in the United …

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Publication
In Brief: What the Waxman-Markey Bill Does for Agriculture

Agriculture, likely one of America’s most vulnerable sectors to a changing climate, has much to gain from a comprehensive climate policy.  Agriculture’s vulnerability to climate change was highlighted in a recent study by the U.S. Global Change Research Program (including …

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Paper
Waxman-Markey Short Summary

On June 26, 2009, the American Clean Energy and Security Act (ACES Act) was passed by the U.S. House of Representatives by a vote of 219 to 212. The bill contains five distinct titles: I) clean energy, II) energy efficiency, …

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