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Texas Cap and Trade Studies and Reports

The Comptroller’s office conducted an analysis in partnership with the Center for Energy Economics at the University of Texas at Austin’s Bureau of Economic Geology (UT-BEG) to determine the impact of increased energy costs resulting from the proposed cap and trade legislation on the Texas economy.

This study found as a result of increased energy prices due to the proposed cap and trade program:

  • Texas could lose 137,000 to 313,000 jobs by 2020 and 170,000 to 425,000 jobs by 2030.
  • Gross State Product could decrease by $15 to $33 billion by 2020 and by $25 to $58 billion by 2030.

UT-BEG Center for Energy Economics study: The Proposed American Clean Energy and Security Act of 2009 and Related Energy/ Environment Federal Legislation: Considerations for the Texas Economy

Other Texas Reports

Economic Implications of the EPA Analysis of the CAP and Trade Provisions of H.R. 2454 for U.S. Representative Farms
The Agricultural and Food Policy Center at Texas A&M University

Analysis of Potential Impacts of CO2 Emissions Limits on Electric Power Costs in the ERCOT Region by Electric Reliability Council of Texas (ERCOT) for the Public Utility Commission of Texas (05/12/2009)

  • The analysis documented in this report is intended to provide a broad view of the near-term impacts of proposed legislation to limit carbon emissions on the cost and price of electricity in the ERCOT region of Texas.

Governor’s 2008 Texas State Energy Plan by Governor's Competitiveness Council (07/2008)

  • This plan proposes a road map to guide Texas toward a future with a reliable energy supply that is balanced and competitively priced. It further proposes to give residential customers the tools they need to better manage their energy consumption.

    Section 2 specifically focuses on the generation sector, identifies current challenges to the wholesale electricity market, discusses the impact that carbon regulation may have on Texas' ability to meet its future energy needs cost-effectively, and provides energy generation policy recommendations.

2008 Energy Report by Texas Comptroller of Public Accounts (05/06/2008)

  • This report provides an overview of a variety of energy sources that Texas can use to meet its future energy demands, with a fact-based assessment of each. The report frames the critical issues and presents the objective information Texans will need to make informed choices about one of the most important issues facing the state.

State Energy Conservation Office Renewable Energy Assessment 2008

Other Studies and Reports of Interest

The following reports and studies provide information from a wide array of viewpoints on the impacts associated with greenhouse gas emission regulation proposals.

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