Evaluation of Cap-and-Trade Programs for Reducing U. S. Carbon Emissions PDF Download
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Author: Terry Dinan
Publisher: DIANE Publishing
ISBN: 1437901492
Category : Science
Languages : en
Pages : 41
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Book Description
Climate change has emerged as an important public policy issue, although the prospects for an internat. agree. on climate policy are unclear. Many people have proposed plans to encourage or require cuts in the U.S. emissions of carbon dioxide, which affect the Earth¿s climate. This study examines 4 proposals for reducing those emissions. Each proposal is a variant of a ¿cap-and-trade¿ program, in which policymakers would set a mandatory cap on emissions of carbon dioxide and provide co¿s. with econ. incentives to reach that cap at the lowest possible cost. This study evaluates the 4 proposals using various criteria, including ease of implementation, degree of certainty about achieving the target level of emissions, cost-effectiveness, and distributional effects. Ill.
Author: Terry Dinan
Publisher: DIANE Publishing
ISBN: 1437901492
Category : Science
Languages : en
Pages : 41
Get Book Here
Book Description
Climate change has emerged as an important public policy issue, although the prospects for an internat. agree. on climate policy are unclear. Many people have proposed plans to encourage or require cuts in the U.S. emissions of carbon dioxide, which affect the Earth¿s climate. This study examines 4 proposals for reducing those emissions. Each proposal is a variant of a ¿cap-and-trade¿ program, in which policymakers would set a mandatory cap on emissions of carbon dioxide and provide co¿s. with econ. incentives to reach that cap at the lowest possible cost. This study evaluates the 4 proposals using various criteria, including ease of implementation, degree of certainty about achieving the target level of emissions, cost-effectiveness, and distributional effects. Ill.
Author:
Publisher:
ISBN:
Category : Air
Languages : en
Pages : 44
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Book Description
This Congressional Budget Office (CBO) study, written by Terry Dinan--prepared at the request of the Senate Committee on Environment and Public Works--examines four proposals. All are variants of a "cap-and-trade" program, in which policymakers would set a mandatory cap on carbon emissions and allow businesses to trade rights (or allowances) to those emissions.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Climate change has emerged as an important public policy issue, although the prospects for an international agreement on climate policy are unclear. Several Members of Congress and public interest groups have proposed plans to encourage or require cuts in the United States' emissions of carbon dioxide, which affect the Earth's climate. This Congressional Budget Office (CBO) study-prepared at the request of the Senate Committee on Environment and Public Works-examines four proposals for reducing those emissions. Each proposal is a variant of a "cap-and-trade" program, in which policymakers would set a mandatory cap on emissions of carbon dioxide and provide companies with economic incentives to reach that cap at the lowest possible cost. This study evaluates the four proposals using various criteria, including ease of implementation, degree of certainty about achieving the target level of emissions, cost-effectiveness, and distributional effects. The analysis shows how key decisions in the design of cap-and-trade programs affect their performance relative to those criteria. No single proposal stands out in terms of all the criteria considered. Which option policymakers might prefer, if they chose to take action at all, would depend on how they weighed the various performance criteria.
Author: United States. Congressional Budget Office
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author: United States. Congress. Senate. Committee on Finance
Publisher:
ISBN:
Category : Emissions trading
Languages : en
Pages : 112
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Book Description
Author: Tseming Yang
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
In spite of the Bush Administration's rejection of the 1997 Kyoto Protocol, states and private organizations have made efforts to curb greenhouse gas emissions independent of the federal government. Among these initiative are cap and trade programs designed to lower the cost of reducing carbon emissions. Among the best known cap and trade programs are the Chicago Climate Exchange (CCX), a private trading scheme, and the New England Regional Greenhouse Gas Initiative (RGGI), a recently created multi-state government-sponsored trading arrangement that is still in the organizational set-up stage. Both of these programs follow in the footsteps of the national cap and trade sulfur dioxide trading program created by 1990 Clean Air Act Amendments. Unlike the sulfur dioxide program, however, the federal government is not involved in the enforcement of carbon emission limits in either the CCX or the RGGI. Hence, compliance with program-wide carbon emissions caps will depend on the enforcement efforts of the CCX and RGGI. This essay explores some of the challenges of emissions cap enforcement posed by the structure of the two programs.
Author: Brendan Gerard Timmons
Publisher:
ISBN:
Category : Climatic changes
Languages : en
Pages : 222
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Book Description
As part of efforts to reduce greenhouse gas emissions, policymakers around the world have implemented or are considering market-based emissions reductions policies like cap-and-trade. In the U.S., the only state with a cap-and-trade program that covers every sector in the economy is California, which has become a global leader in climate policy. Though California's emissions have decreased since the policy was implemented, this decline coincides with other factors, such as the natural gas boom and subsequent drop in natural gas prices, increases in vehicle gas mileage, and the ramping up of renewable portfolio standards. This study seeks to determine if, accounting for these other factors, the decrease in emissions can be attributed to the cap-and-trade program, and if so, how much reduction has come as a result of compliance with the program. I also study whether and how individual facilities comply with the cap. Using panel data for firm-level emissions from the U.S. Environmental Protection Agency and California Air Resources Board and accounting for other factors using data from a variety of U.S. government sources, I find that California's cap-and-trade program is associated with a reduction in firms' emissions. However, my results show that this decline may be at least partially attributed to leakage of emissions from California's climate policy regime to other states. Further study and more detailed data is needed to better understand the relationship between firms' emissions, the cap, and leakage.
Author:
Publisher: World Business Pub.
ISBN: 9781569735688
Category : Business enterprises
Languages : en
Pages : 0
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Book Description
The GHG Protocol Corporate Accounting and Reporting Standard helps companies and other organizations to identify, calculate, and report GHG emissions. It is designed to set the standard for accurate, complete, consistent, relevant and transparent accounting and reporting of GHG emissions.
Author:
Publisher: AASHTO
ISBN: 1560514175
Category : Climatic changes
Languages : en
Pages : 56
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Book Description
This report serves as an introduction to the issue of climate change and its implications for transportation policy in the U.S. The report: Summarizes the current state of scientific knowledge concerning the causes and impacts of climate change; Provides an introduction to climate change policy issues; Discusses trends in greenhouse gas emissions from road transportation; Reviews potential measures to reduce such emissions; and Identified issues for further research.
Author: A. Denny Ellerman
Publisher: Cambridge University Press
ISBN: 0521660831
Category : Business & Economics
Languages : en
Pages : 388
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Book Description
The book analyzes the behavior and performance of the market for emissions permits, called allowances in the Acid Rain Program, and quantifies emission reductions, compliance costs, and cost savings associated with the trading program."--BOOK JACKET.
