On Thursday, for the first time ever, the United States will see a price on carbon emerge from a mandatory emissions cap-and-trade program.
Some economic projections say that greenhouse gas limits will cause economic pain, while others predict economic gain. Why the big difference? It depends on the assumptions you choose--and now you can choose your own.
This paper begins with a general overview of the basic building blocks of cap and trade, followed by a discussion of the potential scope of coverage of a program, including what entities might be regulated and which emissions. The paper then focuses on how to set the initial emissions cap
There are two ways the U.S. government could bring consistency and credibility to the voluntary carbon offset market: endorse an existing program and provide guidance, oversight and/or enforcement.
This Policy Note outlines economic and "fairness" reasons why supporting the sale of the cost-share portion of agricultural nutrient and sediment reductions is not the most appropriate policy for the USDA and other government agencies to adopt.
A number of U.S. states are considering market-based policies to reduce emissions of greenhouse gases (GHGs).