A comprehensive legislative approach with mandatory caps could replace a good portion of the current regulatory requirements with a system that will reduce the administrative burden on industry and governments, use market-based approacHe's to lower compliance costs, reduce consumers' costs, and increase national energy security by providing the industry with more certainty about its future regulatory obligations.
A system could be introduced, which could reduce the administrative burden on industry.
There is need for a system that will increase consumers' costs.