This is testimony of Richard Cowart before the US House Select Committee on Energy Independence and Global Warming on the role of energy efficiency as an essential design element in GHG cap-and-trade, building on the RGGI experience. Specifically, his testimony focuses on how cap-and-trade systems can be designed to accelerate investmentsin energy efficiency, which would permit more rapid carbon reductions at lower cost to consumers and the American economy.
Carbon Caps and Efficiency Resources: How Climate Legislation Can Mobilize Efficiency and Lower the Cost of GHG Reduction
May 8, 2008