EIA Energy Market Report
The Energy Information Administration (EIA) has published an analysis of the Waxman-Markey climate legislation recently passed in the House. It focuses on the impacts of the legislation's energy and environmental policy proposals on consumer energy choices and the implications for the economy. While not comprehensive, it does reach some interesting conclusions. For example: "ACESA [i.e., the Waxman-Markey bill] increases the cost of using energy, which reduces real economic output, reduces purchasing power, and lowers aggregate demand for goods and services."
A copy of the full report can be found here.
