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EPA Analysis of H.R. 2454
EPA Analysis of theAmerican Clean Energy and Security Act of 2009H.R. 2454 in the
111
th 
Congress 
6/23/09
U.S. Environmental Protection AgencyOffice of Atmospheric Programs
 
1
EPA Analysis of H.R. 2454
Request for Analysis
•
 
On March 31, 2009, the House Energy andCommerce Committee released the Waxman-Markey Discussion Draft of the American CleanEnergy and Security Act of 2009.•
 
On April 20, 2009, EPA released a preliminaryanalysis of the Waxman-Markey Discussion Draft.•
 
On May 14, 2009, the House Energy andCommerce Committee Chairman Waxman andEnergy and Environment Subcommittee ChairmanMarkey requested that EPA estimate theeconomic impacts of the Committee-reported bill.•
 
On May 21, 2009, the American Clean Energyand Security Act of 2009 (H.R. 2454) was passedby the House Energy and Commerce Committee.•
 
This document represents EPA’s analysis of theAmerican Clean Energy and Security Act of 2009(H.R. 2454).
The analysis was conducted by EPA’sOffice of Atmospheric Programs.Contact: Allen A. FawcettTel: 202-343-9436Email: fawcett.allen@epa.govThis analysis is available online at:www.epa.gov/climatechange/economics/economicanalyses.html
 
2
EPA Analysis of H.R. 2454
Major Findings
•
 
The American Clean Energy and Security Act of 2009 (H.R. 2454):
 – 
 
Establishes an economy wide cap & trade program. – 
 
Creates other incentives and standards for increasing energy efficiency and low-
 
carbon energy consumption.
•
 
The analysis focuses on the economy wide cap & trade program, theenergy efficiency provisions, and the competitiveness provisions.
 – 
 
Sensitivity analysis conducted for:•
 
H.R. 2454 without Energy Efficiency Provisions•
 
H.R. 2454 without Output Based Rebates•
 
H.R. 2454 with Reference Level Nuclear•
 
H.R. 2454 with No International Offsets – 
 
Several provisions outside of the cap & trade program are not modeled in thisanalysis (e.g. lighting standards are not in the analysis, and the renewableelectricity standard is not included in economy-wide modeling but is modeled as asensitivity in power sector analysis). – 
 
See Appendix 1 for a full description of the bill and which provisions are modeledin this analysis.
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