How Climate Change Legislation Could Effect Your Club's Bottom Line
Thu, September 4, 2008 at 10:27
IHRSA in Legal & Legislative

IHRSA Public Policy is closely monitoring federal climate change legislation that could have an impact on health clubs, especially those that operate swimming pools, hot tubs or have other high-energy consuming club features.

Both chambers of Congress are considering bills that aim to reduce the amount of carbon emissions and greenhouse gases emitted by the United States. The House version (H.R. 2454 - American Clean Energy and Security Act of 2009), has passed the House chamber and is now waiting on its Senate counterpart (S.1733 - Clean Energy Jobs and American Power Act) to do the same. Many say the legislation will significantly increase the costs of energy for households and small businesses, while others make a more moderate cost analysis.

IHRSA Public Policy has prepared summaries of the two bills and compiled cost analyses from several reputable sources. IHRSA will continue to monitor this legislation and keep you updated on its status.

If you have any questions, please contact Lilly Prince, Public Policy Assistant, at lp@ihrsa.org or (800) 228-4772.


The House Bill: The American Clean Energy and Security Act (H.R. 2454)

Summary: This bill, sponsored by Rep. Henry Waxman (D-CA) and Rep. Edward Markey (D-MA), includes a cap-and-trade global warming reduction plan designed to reduce greenhouse gas emissions 17% by 2020. Other provisions include new renewable requirements for utilities, studies and incentives regarding new carbon capture and sequestration technologies, energy efficiency incentives for homes and buildings, and grants for green jobs, among other things. The bill passed the House on June 26, 2009, by 219-212 vote.

Cost Analysis: The economic impact analyses on the House bill vary greatly. A few estimates are:

The Senate Bill: Clean Energy Jobs and American Power Act (S. 1733)

Summary: This bill, sponsored by Sen. Barbara Boxer (D-CA) and Sen. John Kerry (D-MA), is very similar to the House bill, but differs in several important areas. While the House bill is a comprehensive clean energy and climate bill, the Senate bill focuses primarily on reducing U.S. greenhouse gas (GHG) emissions. It aims to reduce greenhouse gas emissions by 20% of 2005 levels by 2020, whereas the House bills aims for 17%. It also includes a cap-and-trade policy.

Cost Analysis: There is no official cost estimate on S. 1733, but since it aims to reduce a greater amount of greenhouse gases by 2020 than the House version, it's likely that its more stringent requirements will make it slightly more costly.


Article originally appeared on IHRSA (http://www.ihrsa.org/).
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