Letter to EPA Administrator Jackson: EPA Analysis Grossly Underestimates Costs

May 19, 2009

Letter to EPA Administrator Jackson: EPA Analysis Grossly Underestimates Costs

EPA Analysis Grossly Underestimates Costs of Waxman/Markey Climate Legislation

May 19, 2009

 

The Honorable Lisa Jackson
Administrator

U.S. Environmental Protection Agency

1200 Pennsylvania Avenue, N.W.

Washington, DC 20460

 

Dear Administrator Jackson:

 

I have attached a copy of the Republican Staff’s report.  I would appreciate new analysis of the bill that includes more realistic assumptions and limits the allowable offsets to those provided for in the bill.

 

Republican staff on the Select Committee on Energy Independence and Global Warming, however, recently issued a report that challenged several of EPA’s assumptions, and perhaps more problematically, questioned whether EPA assumed a greater number of allowable offsets than the legislation as drafted would actually allow.

 

The Environmental Protection Agency’s recent memorandum titled, Ways in Which Revisions to the American Clean Energy and Security Act Change the Projected Economic Impacts of the Bill, concludes that “compared to the draft bill, H.R. 2454 would likely result in lower allowance prices, a smaller impact on energy bills, and a smaller impact on household consumption.”

 

Sincerely,

 

F. James Sensenbrenner, Jr.

Ranking Member

House Select Committee on Energy Independence and Global Warming

 

Enclosure

 

cc: Edward Markey, Chairman, Select Committee on Energy Independence and Global Warming

 

Click here for the pdf.


Select Committee on Energy Independence and Global Warming - Republicans
H2-344 Ford House Office Building
Washington, D.C. 20515
Phone: (202) 225-0110 | Fax: (202) 225-0095

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