American Clean Energy And Security Act Of 2009

DEFINITION of 'American Clean Energy And Security Act Of 2009'

A piece of legislation that was created in an attempt to establish an economy-wide climate and energy policy to help address the issue of climate change. The U.S House of Representatives passed the act on June 26, 2009, by a vote of 219 to 212.

BREAKING DOWN 'American Clean Energy And Security Act Of 2009'

The American Clean Energy and Security Act of 2009 is also known as the Waxman-Markey bill after committee chairman Henry Waxman and Rep. Edward Markey. The legislation aims to create a greenhouse gas cap-and-trade system along with various other measures to help the U.S move toward a clean energy economy.

RELATED TERMS
  1. Alternative Energy ETF

    An exchange-traded fund that invests in companies engaged in ...
  2. Ifo Business Climate Survey

    A key monthly survey that measures the business climate in Germany. ...
  3. Energy And Commerce Committee

    A established by in 1975 by the United States House of Representatives ...
  4. Investment Climate

    The economic and financial conditions in a country that affect ...
  5. Wholesale Energy

    A term referring to the purchase and sale of energy products ...
  6. Formal Tax Legislation

    The process by which a proposed tax rule or tax change may become ...
Related Articles
  1. Mutual Funds & ETFs

    The Future Of Green Technology Investing

    Other endeavors may be experiencing a credit crunch, but investing in energy conservation, sustainable energy and resource maximization is on the rise.
  2. Stock Analysis

    3 Big Challenges Facing Clean Energy Fuels (CLNE)

    The discovery of huge reserves of natural gas in U.S. shale areas has led to a renaissance in the energy industry, with the rising availability of the clean-burning fuel sending prices down ...
  3. Investing News

    Exxon May Have to Report Climate Change Costs (XOM)

    In a Tuesday letter first reported by Reuters, the SEC has ordered Exxon Mobil Corp. to include a climate change resolution in its annual proxy statement.
  4. Mutual Funds & ETFs

    The Top 5 Alternative Energy ETFs for 2016 (TAN, PBW)

    Discover detailed analyses of the top five alternative energy ETFs, and learn about their characteristics and why they may be poised to rebound in 2016.
  5. Stock Analysis

    Green Energy Investment On The Rise

    With the various geopolitical risks facing the traditional energy sector, renewable energy investment is on the rise.
  6. Investing News

    The Paris Agreement and Climate Finance

    While climate change activists and leaders the world over are celebrating the recently-signed Paris Agreement, the immediate financial ramifications of the treaty are still up in the air.
  7. Investing

    Will Clean Energy Fuels Create A Better Network?

    Ever since the most recent U.S. energy boom began, many people have looked for ways to take advantage of cheap natural gas from shale gas areas.
  8. Investing

    The US Is Becoming More Energy Independent

    Rising production and abundant shale oil and gas reserves are moving the US towards energy independence, which could happen by 2020
  9. Stock Analysis

    Big Buys In Renewable Energy

    As oil prices have fallen, so has the alternative energy sector. For investors with a long-term focus, the time could be right to add the sector to an energy portfolio.
  10. Stock Analysis

    Does Wall St. Know Clean Energy Fuels Is Growing? (CLNE)

    It's been a little more than seven years since Clean Energy Fuels (NASDAQ: CLNE) went public. Since that time, investors in the company have only seen the value of their shares decline. Since ...
RELATED FAQS
  1. What factors are the primary drivers of share prices in the oil and gas sector?

    Learn the primary drivers behind changes in the share prices of the oil and gas sector. The oil and gas sector is a cyclical ... Read Answer >>
  2. What were the objectives of the Glass-Steagall Act?

    Learn about the original objectives of the1933 legislation known as the Glass-Steagall Act and how it affected the banking ... Read Answer >>
  3. How much of the United States' energy is produced within the country?

    Learn how much of the United States' energy is produced within the country. Fracking has been a game changer in terms of ... Read Answer >>
  4. What debt level should I look for when investing in an oil and gas company?

    Companies in the oil and gas sector with high debt loads outperform when energy prices rise, however they are vulnerable ... Read Answer >>
  5. What are the major laws (acts) regulating financial institutions that were created ...

    Read about the major federal responses to the financial crisis of 2008, such as the Dodd-Frank Wall Street Reform Act and ... Read Answer >>
  6. How does government regulation impact the oil & gas drilling sector?

    Find out how government regulation of the oil and gas sectors is often positive for the large companies, but may be negative ... Read Answer >>
Hot Definitions
  1. Over-The-Counter - OTC

    Over-The-Counter (or OTC) is a security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, ...
  2. Quarter - Q1, Q2, Q3, Q4

    A three-month period on a financial calendar that acts as a basis for the reporting of earnings and the paying of dividends.
  3. Weighted Average Cost Of Capital - WACC

    Weighted average cost of capital (WACC) is a calculation of a firm's cost of capital in which each category of capital is ...
  4. Basis Point (BPS)

    A unit that is equal to 1/100th of 1%, and is used to denote the change in a financial instrument. The basis point is commonly ...
  5. Sharing Economy

    An economic model in which individuals are able to borrow or rent assets owned by someone else.
  6. Unlevered Beta

    A type of metric that compares the risk of an unlevered company to the risk of the market. The unlevered beta is the beta ...
Trading Center