A Closer Look at the American Clean Energy and Security Act Share

World Resources Institute analyzed emissions caps, allowances, offsets and other critical components of the American Clean Energy and Security Act. This analysis should help run your business more efficiently in the future. – Courtesy of World Resources Instituten

The bill contains four major elements: a clean energy requirement, designed both to set new standards for current types of power generation and to accelerate development of clean energy technologies; an efficiency requirement that provides funding for energy efficiency programs and the setting of stronger building codes and product efficiency standards; a cap and trade program that sets mandatory caps on 87 percent of U.S. greenhouse gas emissions including the electric power and oil and gas sectors and heavy industry; measures designed to ease the transition into a low carbon economy by providing assistance to those impacted by a cap. – Courtesy of World Resources Institute