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New High Road Strategies-Millennium Institute Report

A new report sponsored by the Environmental Defense Fund (EDF), produced by High Road Strategies in partnership with the Millennium Institute, was released on February 26, 2010. The report, Climate Change and Energy-Intensive Manufacturing: The Competitiveness Impacts of the American Clean Energy and Security Act of 2009 (ACES), summaries a study that evaluating the potential impacts of greenhouse gas emissions allowance costs on energy-intensive trade-exposed manufacturing industries under the core provisions of ACES (the Waxman-Markey bill, H.R. 2454).  In particular, it assessed the effectiveness of the output-based allowance rebate measure in ACES to mitigate these impacts. The study built upon, expanded, and employed the climate-industry models initially developed for its earlier NCEP-sponsored study on climate policy and energy-intensive manufacturing.  The EDF met with many Senate offices to share the report, with hope of influencing climate legislation that was then being developed and debated in the U.S. Senate.  High Road Strategies also included findings of the report in presentations to an international conference in New Delhi, India (March 2010), a federal policy forum of the International Economic Development Council in Washington, DC (April 2010), and the Department of Commerce’s Office of Competition and Economic Analysis.

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