2009The Journal of Economic PerspectivesRequires access

Market-based Policy Options to Control U.S. Greenhouse Gas Emissions

Gilbert E. Metcalf

Open publisher page 186 citations

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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What this paper is about

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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OpenAlex reports 186 citations for this work. Citation counts describe recorded attention and do not establish research quality.

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Available 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.

Key concepts: Greenhouse gas, Emissions trading, Natural resource economics, Economics, Element (criminal law), Control (management), Environmental economics, Political science

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