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For sale by the U.S. Government Printing Office
Superintendent of Documents, Congressional Sales Office, Washington, DC 20402

ISBN 0-16-058784-0

.539

b

1998b

Pt 4 Copy

COMMITTEE ON SCIENCE

F. JAMES SESENBRENNER, JR. Wisconsin, Chairman SHERWOOD L. BOEHLERT, New York GEORGE E. BROWN, JR., California * HARRIS W. FAWELL, Illinois

RALPH M. HALL, Texas CONSTANCE A MORELLA, Maryland

BART GORDON, Tennessee CURT WELDON, Pennsylvania

JAMES A. TRAFICANT, JR., Ohio DANA ROHRABACHER, California

TIM ROEMER, Indiana JOE BARTON, Texas

JAMES A BARCIA, Michigan KEN CALVERT, California

EDDIE BERNICE JOHNSON, Texas ROSCOE G. BARTLETT, Maryland

ALCEE L. HASTINGS, Florida VERNON J. EHLERS, Michigan

LYNN N. RIVERS, Michigan DAVE WELDON, Florida

ZOE LOFGREN, California MATT SALMON, Arizona

MICHAEL F. DOYLE, Pennsylvania THOMAS M. DAVIS, Virginia

SHEILA JACKSON-LEE, Texas GIL GUTKNECHT, Minnesota

BILL LUTHER, Minnesota MARK FOLEY, Florida

DEBBIE STABENOW, Michigan THOMAS W. EWING, Illinois

BOB ETHERIDGE, North Carolina CHARLES W. (CHIP) PICKERING,

NICK LAMPSON, Texas Mississippi

DARLENE HOOLEY, Oregon CHRIS CANNON, Utah

LOIS CAPPS, California KEVIN BRADY, Texas

BARBARA LEE, California MERRIL COOK, Utah

BRAD SHERMAN, California
PHIL ENGLISH, Pennsylvania

Vacancy
GEORGE R. NETHERCUTT, JR., Washington
TOM A. COBURN, Oklahoma
PETE SESSIONS, Texas
Vacancy

Todd R. SCHULTZ, Chief of Staff

BARRY C. BERINGER, Chief Counsel
ROBERT E. PALMER, Democratic Staff Director

VIVIAN A. TESSIERI, Legislative Clerk

- Vice Chairman.
* Ranking Minority Member.

CONTENTS

WITNESSES

Page

October 9, 1998: The Road from Kyoto-Part 4: The Kyoto Protocol's Impacts

on U.S. Energy Markets and Economic Activity

Opening Statement by Representative F. James Sensenbrenner, Jr. (WI-

9), Chairman, Committee on Science, U.S. House of Representatives

Opening Statement by Representative George E. Brown, Jr. (CA-42),

Ranking Minority Member, Committee on Science, U.S. House of Rep-

resentatives

Opening Statement of Representative Sheila Jackson Lee (TX-18)

Panel:

The Honorable Jay E. Hakes, Administrator, Energy Information Admin-

istration, U.S. Department of Energy, Washington, DC

Oral Testimony

Prepared Testimony

Biography

Dr. W. David Montgomery, Vice President, Charles River Associates,

Incorporated, Washington, DC

Oral Testimony

Prepared Testimony

Attachment to Prepared Testimony: Paul M. Bernstein and W. David

Montgomery, “How Much Could Kyoto Really Cost? A Reconstruc-

tion and Reconciliation of Administration Estimates," Charles

River Associates, Washington, DC, 1998

Biography

Financial Disclosure Information

Mr. Howard Geller, Executive Director, American Council for an Energy-

Efficient Economy, Washington, DC

Oral Testimony

Prepared Testimony

Biography

Financial Disclosure Information

Discussion ....

Differences Between EIA and Administration Analyses

Impact of No International Emissions Trading

Impact of No Joint Implementation with Credit

Link Between Energy Price Changes and Economic Growth

Can Energy Prices Remain Stable If We Initiate the Kyoto Protocol?

Lessons Learned from Other Countries

Role of Tax Incentives

Future of Nuclear Energy

Backdoor Implementation of the Kyoto Protocol

Developing Country Participation

Future Climate Change Policies

The Kyoto Protocol and Environmental Problems That Need Improve-

ment

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