The regulation of greenhouse gas emissions from the electricity sector within a cap-and-trade system poses significant policy questions on where to locate the point of compliance. Electricity markets often cross national or other regulatory boundaries, so that electricity generated within the...

Policies to cap emissions of carbon dioxide (CO₂), such as the recently announced agreement among the northeastern states of the USA, are expected to have important effects on the electricity industry and on the market value of firms that own electricity generation assets. A study of the...

The debate surrounding US climate policy has been strongly influenced by concerns about the impact that placing a price on GHG emissions could have on potentially vulnerable populations, including senior citizens. This article shows that seniors would be one of the best protected groups under...