Estimated State Costs of the McCain/Lieberman Climate Bill
ACCF Analysis Also Estimates Cost of Complying with More Stringent GHG Reduction Requirements
ACCF sponsored a state-by-state analysis of the economic impact of Senate Amendment 2028 (SA 2028), the Climate Stewardship Act, which is co-sponsored by Senators John McCain (R-AZ) and Joseph Leiberman (D-CT). SA 2028 provides for the reduction of greenhouse gas emissions through the creation of a cap and trade program.
ACCF presents the following analyses of the economic impact of SA 2028 on individual states and the country as a whole. In addition to analyzing the specific provisions of SA 2028, these reports also analyze the economic impact of more stringent GHG emissions reduction targets, including the impact of reducing GHGs to 1990 levels by 2020 and the impact of getting on a trajectory to reduce GHGs to 80-percent below 1990 levels by 2050.
All 50 states will be analyzed. Reports for the nation as a whole as well as 17 states have been completed and are available below.
State By State Analysis