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U.S. ENERGY INFORMATION ADMINISTRATION
WASHINGTON DC 20585

FOR IMMEDIATE RELEASE
AUGUST 4, 2009

EIA Analyzes Impacts of American Clean Energy and Security Act

Energy Market and Economic Impacts of H.R. 2454, the American Clean Energy and Security Act of 2009, released today by the Energy Information Administration, responds to a request from Chairman Henry Waxman and Chairman Edward Markey for an analysis of their climate change legislation.

ACESA is a complex bill that regulates emissions of greenhouse gases through market-based mechanisms, efficiency programs, and economic incentives. EIA prepared a range of analysis cases for this report to demonstrate the sensitivity of the results to areas of uncertainty, including the role of emission “offsets” and the timing, cost, and public acceptance of low- and no-carbon technologies in the electricity sector.

Energy Market and Economic Impacts of H.R. 2454, the American Clean Energy and Security Act of 2009 can be found at: http://www.eia.doe.gov/oiaf/servicerpt/hr2454/index.html

The report described in this press release was prepared by the Energy Information Administration, the independent statistical and analytical agency within the U.S. Department of Energy. The information contained in the report and the press release should be attributed to the Energy Information Administration and should not be construed as advocating or reflecting any policy position of the Department of Energy or any other organization.

EIA Program Contact: J. Alan Beamon, joseph.beamon@eia.doe.gov, 202/586-2025

EIA Press Contact: National Energy Information Center, 202/586-8800

EIA-2009-06

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