Metcalf, Gilbert E. - 2008
The U.S. Congress is considering a set of bills designed to limit the nation's greenhouse gas (GHG) emissions. This … paper complements the analysis by Paltsev et al. (2007) of cap-and-trade bills and applies the MIT Emissions Prediction and …, a low starting tax rate combined with a low rate of growth in the tax rate will not reduce emissions significantly …