Open AccessMarket-based Policy Options to Control U.S. Greenhouse Gas Emissions
Author(s) -
Gilbert E. Metcalf
Publication year - 2009
Publication title -
the journal of economic perspectives
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 9.614
H-Index - 196
eISSN - 1944-7965
pISSN - 0895-3309
DOI - 10.1257/jep.23.2.5
Subject(s) - greenhouse gas , emissions trading , natural resource economics , economics , element (criminal law) , control (management) , environmental economics , political science , ecology , management , law , biology
The United States is moving closer to enacting a policy to reduce domestic emissions of greenhouse gases. A key element in any plan to reduce emissions will be to place a price on greenhouse gas emissions. This paper discusses the different approaches that can be taken to price emissions and assesses their strengths and weaknesses.
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