During the 2009 Conference of the Parties meeting in Copenhagen, the Brazilian government announced voluntary targets to reduce GHG emissions, with the targets being reconfirmed in Cancun (2010) and in Durban (2011). An estimate is presented of the economic impact of alternative policies to...

In 2007 the US Congress began considering a set of bills to implement a cap-and-trade system to limit the nation's greenhouse gas (GHG) emissions. The MIT Integrated Global System Model (IGSM)-and its economic component, the Emissions Prediction and Policy Analysis (EPPA) model-were used to...