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Surpising Conclusions in EPA's Analysis of Waxman-Markey Climate Bill

Posted on June 25, 2009

Originally posted at the Breakthrough InstituteThe Waxman-Markey climate bill (AKA the American Clean Energy and Security Act) would reduce the amount of renewable energy deployed in the United States relative to business-as-usual, increase the amount of coal-fired electricity generation relative to 2005 levels, and provide no incentive for a move to cleaner cars, according to a new analysis by the U.S. Environmental Protection Agency (EPA). We certainly can't vouch for EPA's methodology or assumptions. However, with EPA's conclusions about the likely cost of the Waxman-Markey bill on U.S. H...

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Tags:
analysis , carbon , carbon emissions , carbon tax , co2 , denmark , electric , emissions , energy consumption , energy efficiency , ethanol , financial incentives , geothermal , germany , incentive
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