Economic analyses of climate change policies frequently focus on reductions of energy-related carbon dioxide emissions via market-based, economywide policies. The current course of environment and energy policy debate in the United States, however, suggests an alternative outcome: inefficiently...

Accurate estimates of pollution abatement costs are crucial elements of any rational effort to set or evaluate environmental policies. One of the primary sources of this information in the United States has been the Bureau of the Census (BOC) Pollution Abatement Costs and Expenditures (PACE)...