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WM143: Energy Bill Will Hurt Consumers. Taxpayers

WM143: Energy Bill Will Hurt Consumers. Taxpayers
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Electricity Deregulation and Federalism; How Congress and the States Can Work Together to Deregulate Successfully

Introduction Deregulation of the $200 billion U.S. electricity sector is advancing at both the federal and state levels through a variety of liberalization plans and policies. These proposals share a common goal: bringing competition to the electricity market by guaranteeing customer choice in service. But they differ with respect to their strategies on:

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The Senate-Passed Energy Bill Will Hurt Consumers and Taxpayers Without Solving the Energy Problem

The Senate-passed Energy Policy Act of 2002 would not enhancesupplies of energy. What it would do, however, is harm the U.S.economy and raise the cost of energy for consumers.  It isbetter to have no energy bill than to be burdened with one thatsuppresses vital energy supplies.

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