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The case for direct methods to address CO2 emissions and other negative environmental externalities

Author

Listed:
  • Kartik B. Athreya
  • Renee Courtois

Abstract

Existing policies to reduce emissions of carbon dioxide (CO2) largely have been structured to subsidize alternative energy technologies. Yet these policies are likely not to be as useful as ones that target CO2 emissions directly, such as an emissions tax or a "cap and trade" program.

Suggested Citation

  • Kartik B. Athreya & Renee Courtois, 2009. "The case for direct methods to address CO2 emissions and other negative environmental externalities," Richmond Fed Economic Brief, Federal Reserve Bank of Richmond, issue Oct.
  • Handle: RePEc:fip:fedreb:y:2009:i:oct:n:09-10
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    Keywords

    Energy policy; Environmental policy;

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