1. The Case For Early Action u Reduce Energy Use u Increase Efficiency u Improve the Bottom Line u Increase Competitiveness u Save Money

2. The Case Against Early Action u It costs money to save money u You may be penalized later for reducing emissions early u Constitutes an admission that global climate change is a human-caused problem that needs to be addressed

3. Wisconsin Greenhouse Gas Emissions and Cost Scenario Emission Reductions

4. Wisconsin Can Reduce Greenhouse Gas Emissions u 8 million tons per year by 2010 u Energy savings of 9 million mWh u Create 8,500 jobs u Increase gross state product by $41 million u Increase disposable income by $490 million u Reduce Emissions of Other Air Pollutants

5. The Case Against Early Action u It costs money to save money u You may be penalized later for reducing emissions early u Constitutes an admission that global climate change is a human-caused problem that needs to be addressed

6. A National Emission Reduction Registry Must: u Include all greenhouse gases u Be equitable to all sources in all states u Accurately quantify, verify, and register emission reductions u Not give credit where credit is not due