ABSTRACT

Building a 100 Percent Clean Economy: Solutions for Economy-Wide Deep Decarbonization, Hearing Before the Subcommittee on Environment and Climate Change of the Committee on Energy and Commerce, House of Representatives, One Hundred Sixteenth Congress, First Session, December 5, 2019   [open pdf - 4MB]

This is the December 5, 2019 hearing on "Building a 100 Percent Clean Economy: Solutions for Economy-Wide Deep Decarbonization," held before the U.S. House Subcommittee on Environment and Climate Change of the Committee on Energy and Commerce. From the opening statement of Paul Tonko: "Today, we will turn our attention to economy-wide solutions, a category of policies that can result in emissions reductions from across multiple sectors. [...] We know, to achieve ambitious climate targets, innovations are needed in technology and policy and in finance to accelerate the clean-energy transition and reduce the cost of economy-wide decarbonization. These crosscutting policies take many different forms. [...] Pricing programs can and should be designed to minimize impacts to consumers, protect low-income households, and preserve the global competitiveness of U.S. energy-intensive, trade-exposed industries. They should also provide flexibility for regulated entities to the extent that it does not undermine the integrity of the program or result in harmful, inequitable outcomes. We know that multidecade climate targets require policy certainty. Congressional action can create predictability and credibility while sending the signals that will be necessary to impact long-term planning and investment decisions." Statements, letters, and materials submitted for the record include those of the following: Daniel C. Esty, Noah Kaufman, David Gattie, and Timothy H. Profeta.

Report Number:
Serial No. 116-82
Publisher:
Date:
2021
Copyright:
Public Domain
Retrieved From:
U. S. Government Publishing Office: http://www.gpo.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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