Waxman-Markey's Effect on Gas Prices in Your State
by Nicolas Loris and Ben Lieberman
August 28, 2009
WebMemo #2598

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

 

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