Hearing on Policy Options to Prevent Climate Change
FOCUS OF THE HEARING:
The hearing will focus on the policy options that are available for reducing greenhouse gas emissions in the United States and will examine the design choices presented by these options. In particular, the Committee will explore the revenue components of these policy options. The Committee will also explore proposals to promote a comprehensive global effort to address climate change and to ensure a level regulatory playing field for U.S. manufacturers. The hearing will also focus on the potential costs that could be imposed on the U.S. economy if Congress fails to act to reduce U.S. greenhouse gas emissions and the economic growth opportunities that would arise from implementing a market-based program to reduce U.S. greenhouse gas emissions.