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The Design and Implementation of U.S. Climate Policy: An Introduction

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  • Don Fullerton
  • Catherine Wolfram

Abstract

While economic models have already proven useful to analyze big picture questions about climate policy such as the choice between a carbon tax or cap-and-trade permit system, the 19 chapters in this book show how economic models also are useful to address the many remaining smaller questions that arise as policy is implemented. For example, chapters consider: the tradeoffs policymakers confront in deciding whether to implement the policy upstream on energy producers or downstream on energy users; how to monitor and enforce climate policy; how Federal actions might interact with climate policies at other levels of government or with other non-climate policies; the distributional effects of different policy variations; policies that might impact particular sectors, including residential energy use, agriculture and transportation; and specific questions regarding offsets, trade, innovation, and adaptation.

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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 17499.

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Date of creation: Oct 2011
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Publication status: published as Introduction and Summary to "The Design and Implementation of U.S. Climate Policy" , Don Fullerton, Catherine Wolfram. in The Design and Implementation of U.S. Climate Policy , Fullerton and Wolfram. 2012
Handle: RePEc:nbr:nberwo:17499

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  1. James B. Bushnell & Erin T. Mansur, 2011. "Vertical Targeting and Leakage in Carbon Policy," American Economic Review, American Economic Association, vol. 101(3), pages 263-67, May.
  2. Hilary Sigman & Howard F. Chang, 2011. "The Effect of Allowing Pollution Offsets with Imperfect Enforcement," American Economic Review, American Economic Association, vol. 101(3), pages 268-72, May.
  3. Aldy, Joseph E. & Krupnick, Alan J. & Newell, Richard G. & Parry, Ian W.H. & Pizer, William A., 2009. "Designing Climate Mitigation Policy," Discussion Papers dp-08-16, Resources For the Future.
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