Climate policy and energy-intensive manufacturing: A comprehensive analysis of the effectiveness of cost mitigation provisions in the American Energy and Security Act of 2009

► The output-based rebates would effectively mitigate the costs of carbon-pricing for EITE industries. ► After 2021 economic impacts on the EITE industries would escalate. ► The BA measure would support US firms passing through their emissions costs to their US customers. ► The BA measure would not alleviate the higher production costs of US. EITE exports. ► In the medium term the only true solution is for US. EITE manufacturers to invest in energy-saving technologies.