August 28, 2009

August 28, 2009 | WebMemo on Energy and Environment

Waxman-Markey's Effect on Gas Prices in Your State

The Waxman-Markey energy bill, which would restrict greenhouse gas emissions by creating a cap-and-trade system, was passed by the House in June and will likely be considered by the Senate soon.

If this bill becomes law, gasoline prices would increase significantly in order to meet emissions limits imposed by the legislation. To see specific estimates, hover your mouse over each state below:

For further information, see the following key research papers:

Impact of the Waxman-Markey Climate Change Legislation on the States

Five Things Congress and the President Are Doing to Bring Back Sky-High Gas Prices

About the Author

Nicolas Loris Herbert and Joyce Morgan Fellow
Thomas A. Roe Institute for Economic Policy Studies

Ben Lieberman Senior Policy Analyst, Energy and Environment
Thomas A. Roe Institute for Economic Policy Studies