A Peek into a Future Filled with Climate Change Regulation

Abstract

The recent federal presidential election and Democratic majority in Congress assure that federal legislation to address climate change will be enacted. The nature and extent of future federal climate change regulation cannot be predicted. But, climate change regulation will be in our future. In the absence of federal regulation, regional associations and states have taken action on their own to reduce carbon emissions and address climate change. The Western Climate Initiative (WCI) is a regional association that is developing a detailed climate change program. New Jersey is one of the states which has passed, and is now implementing, legislation to address climate change. By evaluating the WCI and New Jersey activities regarding climate change, one can develop an understanding of the major issues, some possible options for dealing with those issues, and the impact climate change regulation will have on the economy, energy issues, and everyday living.