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An Evaluation Of Cap And Trade Programs For Reducing Us Carbon Emissions A Cbo Study June 2001
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Book Synopsis An Evaluation of Cap-And-Trade Programs For Reducing U.S. Carbon Emissions, A CBO Study, June 2001 by : United States. Congressional Budget Office
Download or read book An Evaluation of Cap-And-Trade Programs For Reducing U.S. Carbon Emissions, A CBO Study, June 2001 written by United States. Congressional Budget Office and published by . This book was released on 2001* with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis An Evaluation of Cap-and-trade Programs for Reducing U.S. Carbon Emissions by :
Download or read book An Evaluation of Cap-and-trade Programs for Reducing U.S. Carbon Emissions written by and published by . This book was released on 2001 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Congressional Budget Office (CBO) study, written by Terry Dinan--prepared at the request of the Senate Committee on Environment and Public Works--examines four proposals. All are variants of a "cap-and-trade" program, in which policymakers would set a mandatory cap on carbon emissions and allow businesses to trade rights (or allowances) to those emissions.
Book Synopsis An Evaluation of Cap-and-Trade Programs for Reducing U.S. Carbon Emissions by :
Download or read book An Evaluation of Cap-and-Trade Programs for Reducing U.S. Carbon Emissions written by and published by . This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change has emerged as an important public policy issue, although the prospects for an international agreement on climate policy are unclear. Several Members of Congress and public interest groups have proposed plans to encourage or require cuts in the United States' emissions of carbon dioxide, which affect the Earth's climate. This Congressional Budget Office (CBO) study-prepared at the request of the Senate Committee on Environment and Public Works-examines four proposals for reducing those emissions. Each proposal is a variant of a "cap-and-trade" program, in which policymakers would set a mandatory cap on emissions of carbon dioxide and provide companies with economic incentives to reach that cap at the lowest possible cost. This study evaluates the four proposals using various criteria, including ease of implementation, degree of certainty about achieving the target level of emissions, cost-effectiveness, and distributional effects. The analysis shows how key decisions in the design of cap-and-trade programs affect their performance relative to those criteria. No single proposal stands out in terms of all the criteria considered. Which option policymakers might prefer, if they chose to take action at all, would depend on how they weighed the various performance criteria.
Book Synopsis Evaluation of Cap-and-Trade Programs for Reducing U. S. Carbon Emissions by : Terry Dinan
Download or read book Evaluation of Cap-and-Trade Programs for Reducing U. S. Carbon Emissions written by Terry Dinan and published by DIANE Publishing. This book was released on 2008-07 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change has emerged as an important public policy issue, although the prospects for an internat. agree. on climate policy are unclear. Many people have proposed plans to encourage or require cuts in the U.S. emissions of carbon dioxide, which affect the Earth¿s climate. This study examines 4 proposals for reducing those emissions. Each proposal is a variant of a ¿cap-and-trade¿ program, in which policymakers would set a mandatory cap on emissions of carbon dioxide and provide co¿s. with econ. incentives to reach that cap at the lowest possible cost. This study evaluates the 4 proposals using various criteria, including ease of implementation, degree of certainty about achieving the target level of emissions, cost-effectiveness, and distributional effects. Ill.
Book Synopsis Distribution of Revenues from a Cap-and-Trade Program for CO2 Emissions by : Douglas W. Elmendorf
Download or read book Distribution of Revenues from a Cap-and-Trade Program for CO2 Emissions written by Douglas W. Elmendorf and published by DIANE Publishing. This book was released on 2010-10 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Testimony on the distribution of revenues that could be generated by a cap-and-trade program for reducing U.S. emissions of carbon dioxide. The potential cost of reducing the effect of climate change may be significant because it would entail substantial reductions in global emissions over the coming decades. One option for reducing emissions in a cost-effective manner is to establish a carefully designed cap-and-trade program. Under such a program, the government would set gradually tightening limits on emissions, issue rights (or allowances) consistent with those limits, and then let firms trade the allowances among themselves. Charts and tables.
Download or read book A CBO Study, February 2008 written by and published by . This book was released on 2008 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Managing Allowance Prices in a Cap-and-trade Program by : Terry Dinan
Download or read book Managing Allowance Prices in a Cap-and-trade Program written by Terry Dinan and published by . This book was released on 2010 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scientists generally conclude that rising concentrations of greenhouse gases are warming the Earth's climate. Concern about the damage that might result has led policymakers and analysts to consider policies designed to restrict emissions of those gases. One type of policy, a cap-and-trade program, could minimize the cost of achieving a limit, or cap, on emissions by allowing market forces to determine where, how, and to some extent when the cuts in emissions necessary to achieve the cap would be made. This Congressional Budget Office (CBO) study--prepared at the request of the Chairman of the Senate Committee on Energy and Natural Resources--examines the potential effects of features that would help manage allowance prices, and thus the cost of complying with a cap-and-trade program, by altering the number of allowances available to firms at various prices--Preface.
Book Synopsis How CBO Estimates the Costs of Reducing Greenhouse-Gas Emissions by : Robert Shackleton
Download or read book How CBO Estimates the Costs of Reducing Greenhouse-Gas Emissions written by Robert Shackleton and published by DIANE Publishing. This book was released on 2010 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: As part of its mandate to provide the Congress with the objective, timely, and nonpartisan analysis needed to make informed economic and budgetary decisions, the Congressional Budget Office (CBO) prepares cost estimates for legislation under consideration by the Congress. In recent years, a number of legislative proposals have involved efforts to restrict emissions of greenhouse gases in the U.S. To estimate the budgetary impact of such proposals, CBO must first estimate the incremental costs to firms and households of mitigating greenhouse gases. This report briefly describes the methodology that CBO uses to estimate those incremental costs, the data sources and models used to develop that methodology, and the rationale for using it.
Book Synopsis The Economics of Climate Change by : Robert Shackleton
Download or read book The Economics of Climate Change written by Robert Shackleton and published by Congressional Budget Office. This book was released on 2003 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Congressional Budget Office (CBO) study--prepared at the request of the Ranking Member of the House Committee on Science--presents an overview of issues related to climate change, focusing primarily on its economic aspects. The study draws from numerous published sources to summarize the current state of climate science and provide a conceptual framework for addressing climate change as an economic problem. It also examines public policy options and discusses the potential complications and benefits of international coordination. In keeping with CBO's mandate to provide impartial analysis, the study makes no recommendations.
Book Synopsis Reducing Gasoline Consumption by : Terry Dinan
Download or read book Reducing Gasoline Consumption written by Terry Dinan and published by Nova Biomedical Books. This book was released on 2003 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: Several Members of Congress and public interest groups have recently proposed policies that would reduce gasoline consumption in the United States. Such proposals stem primarily from a desire to enhance the nation's energy security and to decrease its emissions of carbon dioxide, a key greenhouse gas that affects the Earth's climate. This book compares three methods of reducing gasoline consumption: increasing the corporate average fuel economy (CAFE) standards that govern passenger vehicles, raising the federal tax on gasoline, and setting a limit on carbon emissions from gasoline combustion and requiring gasoline producers to hold allowances for those emissions (a policy known as a cap-and-trade program). Also, the book weighs the relative merits of those policies against several major criteria: whether they would minimise costs to producers and consumers; how reliably they would achieve a given reduction in gasoline use; their implications for automobile safety; and their effects on such factors as traffic congestion, requirements for highway construction, and emissions of air pollutants other than carbon dioxide. In addition, the book examines two more policy implications that lawmakers may be concerned about: the impact on people at different income levels and in different regions, and the effects on federal revenue.
Book Synopsis Use of Agricultural Offsets to Reduce Greenhouse Gases by : Joseph Kile
Download or read book Use of Agricultural Offsets to Reduce Greenhouse Gases written by Joseph Kile and published by DIANE Publishing. This book was released on 2010-11 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses the use of agricultural offsets as part of a cap-and-trade program for reducing greenhouse gases. H.R. 2454 would set an annual limit, or cap, on greenhouse-gas emissions for each year between 2012 and 2050 and would distribute ¿allowances,¿ or rights to produce those emissions. After the allowances were distributed, regulated entities -- those that generate elec. or refine petroleum products, for ex. -- would be free to trade them, so entities that could reduce their emissions at lower costs would sell allowances to others facing higher costs. The difficulty of verifying offsets raises concerns about whether the overall limit would actually be met. Such concerns are acute when offsets include actions taken outside the U.S. Illus.
Book Synopsis Managing Allowance Prices in a CapandTrade Program by :
Download or read book Managing Allowance Prices in a CapandTrade Program written by and published by DIANE Publishing. This book was released on with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Auctioning Under Cap and Trade by : United States. Congress. Senate. Committee on Finance
Download or read book Auctioning Under Cap and Trade written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 2009 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A CBO PAPER: Shifting the Cost Burden of a Carbon Cap-and-Trade Program by :
Download or read book A CBO PAPER: Shifting the Cost Burden of a Carbon Cap-and-Trade Program written by and published by . This book was released on 2003 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Several Members of Congress and public interest groups have proposed plans to reduce emissions of carbon dioxide (referred to in this paper as carbon emissions), which have generally been found to be contributing to a gradual warming of the Earth's climate. Although climate change might benefit some regions, it could ultimately cause extensive physical and economic damage in others. That damage is still uncertain, but it could include higher sea levels; wider ranges for tropical diseases; disruptions to farming, forestry, and natural ecosystems; and greater variability and extremes of regional weather. Most such damage would fall on future generations.
Author :United States. Congress. Senate. Committee on Environment and Public Works Publisher : ISBN 13 : Total Pages :1144 pages Book Rating :4.:/5 (318 download)
Book Synopsis Senators' Perspectives on Global Warming by : United States. Congress. Senate. Committee on Environment and Public Works
Download or read book Senators' Perspectives on Global Warming written by United States. Congress. Senate. Committee on Environment and Public Works and published by . This book was released on 2007 with total page 1144 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Has California's Cap-and-Trade Caused a Reduction in Greenhouse Gas Emissions: A Firm-Level Analysis by : Brendan Gerard Timmons
Download or read book Has California's Cap-and-Trade Caused a Reduction in Greenhouse Gas Emissions: A Firm-Level Analysis written by Brendan Gerard Timmons and published by . This book was released on 2019 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: As part of efforts to reduce greenhouse gas emissions, policymakers around the world have implemented or are considering market-based emissions reductions policies like cap-and-trade. In the U.S., the only state with a cap-and-trade program that covers every sector in the economy is California, which has become a global leader in climate policy. Though California's emissions have decreased since the policy was implemented, this decline coincides with other factors, such as the natural gas boom and subsequent drop in natural gas prices, increases in vehicle gas mileage, and the ramping up of renewable portfolio standards. This study seeks to determine if, accounting for these other factors, the decrease in emissions can be attributed to the cap-and-trade program, and if so, how much reduction has come as a result of compliance with the program. I also study whether and how individual facilities comply with the cap. Using panel data for firm-level emissions from the U.S. Environmental Protection Agency and California Air Resources Board and accounting for other factors using data from a variety of U.S. government sources, I find that California's cap-and-trade program is associated with a reduction in firms' emissions. However, my results show that this decline may be at least partially attributed to leakage of emissions from California's climate policy regime to other states. Further study and more detailed data is needed to better understand the relationship between firms' emissions, the cap, and leakage.
Book Synopsis The Economics of Climate Change: a Primer by : the Congressional Budget Office
Download or read book The Economics of Climate Change: a Primer written by the Congressional Budget Office and published by Good Press. This book was released on 2020-12-08 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: Addressing one of the most pressing issues of our time, "The Economics of Climate Change: a Primer" offers a detailed analysis of the economic implications of climate change. Published by The Congressional Budget Office, this book delves into the scientific, economic, and societal aspects of climate change, providing readers with a holistic understanding of its impact and the measures needed to address it.
