Waxman-Markey: How Emission Allowances Are Distributed

The Pew Center offers a concise explanation of the distribution of emission allowances under the House-passed Waxman-Markey clean energy and climate bill. The new policy memo includes graphs that illustrate the extent to which allowances are auctioned or freely allocated under the bill and the policy objectives achieved by their distribution. 

Other recent policy memos address Myths of Waxman-Markey and Costs of the Legislation.

More information about Waxman-Markey, the American Clean Energy and Security Act, is available at www.pewclimate.org/acesa.