Today the U.S. Chamber unveiled what is becoming an annual exercise: a chart of the overwhelming number of regulations and mandates contained in the latest comprehensive climate bill. The Chamber’s chart, which maps out the regulatory process and implementation of H.R. 2454, the “American Clean Energy and Security Act of 2009,” can be viewed at http://www.uschamber.com/media/pdfs/waxmanmarkey.pdf.
The 1,200-page bill, which consists of (1) a cap-and-trade program for greenhouse gas emissions, (2) a federal renewable electricity mandate and (3) a suite of new mandatory energy efficiency standards, will impose 397 new federal regulations (which require traditional agency rulemakings) and 1060 new mandates.