In June 2009, the House of Representatives passed the American Clean Energy and Security Act of 2009 (ACESA). This climate and energy legislation included a number of provisions intended to help the U.S. reduce energy use through various energy efficiency measures, which have largely been overlooked in recent discussions and analyses of ACESA. When analyses ignore the readily available benefits from energy efficiency they distort how energy and climate legislation, such as ACESA, could affect American consumers and the U.S. economy.
WASHINGTON, D.C. — Hurricane Katrina, in addition to causing massive destruction and human tragedy on the Gulf Coast, is creating aftershocks in energy markets that will affect most Americans for the coming months or longer. Early energy market trends include: