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Economic Analyses
Climate economic analyses are conducted to analyze the economic and environmental effects of potential domestic climate change mitigation programs and strategies. Given the complexity of economic and environmental interactions underlying the climate change issue, no one model can address all of the questions surrounding a climate change economic analysis. To provide an accurate representation of potential climate change mitigation programs and strategies, EPA employs an array of modeling tools and data. For more information about the modeling tools employed please visit the Climate Economic Modeling page.
Below is a list of completed analyses:
March 2008 - The United States Environmental Protection Agency's Analysis of Senate Bill S.2191 in the 110th Congress, the Lieberman-Warner Climate Security Act of 2008
You will need Adobe Reader to view some of the files on this page. See EPA's PDF page to learn more.
The Lieberman-Warner Climate Security Act of 2008 (S.2191) is designed to reduce U.S. emissions of greenhouse gases (GHGs) through the development of a market driven system of tradable allowances.
To download the letter requesting the analysis from Senators Lieberman and Warner: Cover Letter (PDF) (1 page, 364 KB)
EPA's S.2191 analysis:
- To download the cover letter to Senator Lieberman from EPA Principal Deputy Assistant Administrator, Robert J. Meyers: Cover Letter (PDF) (4 pp, 224 KB)
- To download the cover letter to Senator Warner from EPA Principal Deputy Assistant Administrator, Robert J. Meyers: Cover Letter (PDF) (4 pp, 228 KB)
- To download EPA's S.2191 analysis: EPA Analysis of the Climate Security Act of 2008 (PDF) (193 pp., 4 MB).
*Note: This version was updated on 5/5/2008 to reflect minor changes to slides 25, 60, 74, 79, 82, 155, 156, 165, 166, 167. Additionally slides 189 – 192 were added to cover power sector natural gas issues and global CO2 concentrations. - To download the data annex: Data Annex (WinZip format containing Zipped XL Spreadsheet files, 23 MB, Microsoft Excel Viewer
. If you are having trouble opening the "Data Annex" zip, please right mouse click over that link to save it to your computer before opening.)
January 2008 - Part 2 of The United States Environmental Protection Agency's Analysis of Senate Bill S.1766 in the 110th Congress, the Low Carbon Economy Act of 2007
The Low Carbon Economy Act of 2007 (S.1766) is designed to reduce U.S. emissions of greenhouse gases (GHGs) from the production and use of energy. Part 2 of the request from Senators Bingaman and Specter was to analyze the economic impacts of S.1766.
Part 2 of EPA's S.1766 analysis:
- To download the cover letter to Senator Bingaman from EPA Principal Deputy Assistant Administrator, Robert J. Meyers: Cover Letter (PDF) (4 pp, 295 KB)
- To download the cover letter to Senator Specter from EPA Principal Deputy Assistant Administrator, Robert J. Meyers: Cover Letter (PDF) (4 pp, 294 KB)
- To download the Part 2 of EPA's S.1766 analysis: EPA Analysis of the Low Carbon Economy Act of 2007 (PDF) (116 pp, 1.94 MB). Note: EPA's analysis of S. 1766 was updated on 1/25/08 to reflect a change to slide #52, which incorrectly included coal production levels from EPA's reference case scenario rather than the S. 1766 scenario.
- To download the Appendix: Appendix (PDF) (126 pp, 1.94 MB)
- To download the data annex: Data Annex (WinZip format containing Zipped XL Spreadsheet files, 30 MB, Microsoft Excel Viewer. If you are having trouble opening the "Data Annex" zip, please right mouse click over that link to save it to your computer before opening.)
September 2007 - Part 1 of The United States Environmental Protection Agency's Analysis of Senate Bill S.1766 in the 110th Congress, the Low Carbon Economy Act of 2007
The Low Carbon Economy Act of 2007 (S.1766) is designed to reduce U.S. emissions of greenhouse gases (GHGs) from the production and use of energy. The request to analyze S.1766 from Senators Bingaman and Specter has two main parts: 1) analyze historic and projected global GHG concentrations, and 2) analyze the economic impacts of S.1766.
To download the letter requesting the analysis from Senators Bingaman and Specter: Cover Letter (PDF) (3 pp, 536K)
Part 1 of EPA's S.1766 analysis:
- To download the cover letter to Senator Bingaman from EPA Principal Deputy Assistant Administrator, Robert J. Meyers: Cover Letter (PDF) (2 pp, 124K)
- To download the cover letter to Senator Specter from EPA Principal Deputy Assistant Administrator, Robert J. Meyers: Cover Letter (PDF) (2 pp, 125K)
- To download the Part 1 of the analysis: EPA Analysis of Bingaman-Specter Request on Global CO2 Concentrations (PDF) (10 pp, 171K)
July 2007 - United States Environmental Protection Agency's Analysis of Senate Bill S.280 in the 110th Congress, The Climate Stewardship and Innovation Act of 2007
The Climate Stewardship and Innovation Act of 2007 (S.280) is designed to reduce U.S. emissions of greenhouse gases (GHGs) through the development of a market-driven system of tradable allowances.
To download the letter requesting the analysis from Senators Lieberman and McCain: Cover Letter (PDF) (1 pg, 371K)
- To download the cover letter to Senator Lieberman from EPA Principal Deputy Assistant Administrator, Robert J. Meyers: Cover Letter (PDF) (3 pp, 1.8MB)
- To download the cover letter to Senator McCain from EPA Principal Deputy Assistant Administrator, Robert J. Meyers: Cover Letter (PDF) (3 pp, 1.8MB)
- To download the full version of the report: EPA Analysis of The Climate Stewardship and Innovation Act of 2007 (PDF) (100 pp, 827K)
- To download the data annex: Data Annex (WinZip format containing Zipped XL Spreadsheet files, 9.6MB, Microsoft Excel Viewer . If you are having trouble opening the "Data Annex" zip, please right mouse click over that link to save it to your computer before opening.)
October 2005 - United States Environmental Protection Agency’s Analysis of Senate Bill S.843 in the 108th Congress, Clean Air Planning Act
The Clean Air Planning Act is a bill to amend the Clean Air Act to establish a national uniform multiple air pollutant regulatory program for the electric generating sector. It establishes national pollutant tonnage limitations for sulphur dioxide, nitrogen oxides, mercury, and carbon dioxide.
- To download the full color version of the report: Multi-Pollutant Legislative Analysis: The Clean Air Planning Act (Carper, S.843 in 108th) (PDF) (61 pp, 5MB)