This paper examines the economic and GHG implications of stacking a low carbon fuel standard (LCFS) with and without a carbon price policy on the Renewable Fuel Standard (RFS). We compare the performance of various policy combinations for food and fuel prices, fuel mix and fuel consumption. We...

A new CEPS Task Force Report has identified possible pathways for achieving the EU’s ambitious climate change targets. It concludes that a GHG emissions reduction in line with EU climate change policy is possible, but it has a cost. This report argues that most of the reductions required of...

Under the Kyoto Protocol to the Climate Convention Parties may participate in international emissions trading. For individual Parties this raises the question of whether to implement domestic emissions trading regimes in order to ease the transition process to an international regime. The...