Arbeitspapier
A meaningful US cap-and-trade system to address climate change
There is growing impetus for a domestic U.S. climate policy that can provide meaningful reductions in emissions of CO2 and other greenhouse gases. In this article, I propose and analyze a scientifically sound, economically rational, and politically feasible approach for the United States to reduce its contributions to the increase in atmospheric concentrations of greenhouse gases. The proposal features an up-stream, economy-wide CO2 cap-and-trade system which implements a gradual trajectory of emissions reductions over time, and includes mechanisms to reduce cost uncertainty. I compare the proposed system with frequently discussed alternatives. In addition, I describe common objections to a cap-and-trade approach to the problem, and provide responses to these objections.
- Sprache
-
Englisch
- Erschienen in
-
Series: Nota di Lavoro ; No. 82.2008
- Klassifikation
-
Wirtschaft
Climate; Natural Disasters and Their Management; Global Warming
Renewable Resources and Conservation: Government Policy
Nonrenewable Resources and Conservation: Government Policy
Energy: Government Policy
Environmental Economics: Government Policy
- Thema
-
Cap-and-Trade System
Carbon Dioxide
Greenhouse Gas Emissions
Global Climate Change
Carbon Taxes
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Stavins, Robert N.
- Ereignis
-
Veröffentlichung
- (wer)
-
Fondazione Eni Enrico Mattei (FEEM)
- (wo)
-
Milano
- (wann)
-
2008
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Stavins, Robert N.
- Fondazione Eni Enrico Mattei (FEEM)
Entstanden
- 2008
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