Market-based Policy Options to Control U.S. Greenhouse Gas Emissions
Gilbert E. Metcalf
Abstract
Gilbert E. Metcalf
Abstract
The United States is moving closer to enacting a policy to reduce domestic emissions of greenhouse gases. A key element in any plan to reduce emissions will be to place a price on greenhouse gas emissions. This paper discusses the different approaches that can be taken to price emissions and assesses their strengths and weaknesses.
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The United States is moving closer to enacting a policy to reduce domestic emissions of greenhouse gases. A key element in any plan to reduce emissions will be to place a price on greenhouse gas emissions. This paper discusses the different approaches that can be taken to price emissions and assesses their strengths and weaknesses.
Key concepts: Greenhouse gas, Emissions trading, Natural resource economics, Economics, Element (criminal law), Control (management), Environmental economics, Political science