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Federal action addressing climate change is likely to emerge either through new legislation or via the U.S. EPA's authority under the Clean Air Act. The prospect of federal action raises important questions regarding the interconnections between federal efforts and state-level climate policy...
Persistent link: https://www.econbiz.de/10010272431
We describe three essential elements of an effective post-2012 international global climate policy architecture: a means to ensure that key industrialized and developing nations are involved in differentiated but meaningful ways; an emphasis on an extended time path of targets; and inclusion of...
Persistent link: https://www.econbiz.de/10010272474
Two decades have passed since the Clean Air Act Amendments of 1990 launched a grand experiment in market-based environmental policy: the SO2 cap-and-trade system. That system performed well but created four striking ironies. First, by creating this system to reduce SO2 emissions to curb acid...
Persistent link: https://www.econbiz.de/10010294264
Improving end-use energy efficiency - that is, the energy-efficiency of individuals, households, and firms as they … consume energy - is often cited as an important element in efforts to reduce greenhouse-gas (GHG) emissions. Arguments for … improving energy efficiency usually rely on the idea that energy-efficient technologies will save end users money over time and …
Persistent link: https://www.econbiz.de/10011307264
Energy-efficient technologies offer considerable promise for reducing the financial costs and environmental damages … associated with energy use, but these technologies appear not to be adopted by consumers and businesses to the degree that would …-called "energy paradox" or "energy-efficiency gap." First, we build on the previous literature by dividing potential explanations for …
Persistent link: https://www.econbiz.de/10011307274
This essay provides an overview of the major emissions trading programs of the past thirty years on which significant documentation exists, and draws a number of important lessons for future applications of this environmental policy instrument. References to a larger number of other emissions...
Persistent link: https://www.econbiz.de/10011451177
There is growing impetus for a domestic U.S. climate policy that can provide meaningful reductions in emissions of CO2 and other greenhouse gases. I describe and analyze an up- stream, economy-wide CO2 cap-and-trade system which implements a gradual trajectory of emissions reductions (with...
Persistent link: https://www.econbiz.de/10010279459
the decision calculus for these activities in the direction of more efficient generation and use of energy, lower carbon …-intensity of energy, and - more broadly - a more carbon-lean economy. The only approach to doing this on a meaningful scale that …-and-trade, and clean energy standards. We note that the U.S. political response to possible market-based approaches to climate policy …
Persistent link: https://www.econbiz.de/10010279521
There is growing impetus for a domestic U.S. climate policy that can provide meaningful reductions in emissions of CO2 and other greenhouse gases. In this article, I propose and analyze a scientifically sound, economically rational, and politically feasible approach for the United States to...
Persistent link: https://www.econbiz.de/10010279584
: carbon taxes, cap-and-trade, emission reduction credits, clean energy standards, and fossil fuel subsidy reductions. …
Persistent link: https://www.econbiz.de/10010279606