Local Options on Global Stocks: How the States are affecting the U.S. Debate on Climate Policy
AbstractThis paper examines some of the implications of local policy-making with regard to the global issue of climate change. First, we assess what one may expect when small open economies, such as states, implement policies designed to affect global pollutants. Next, we briefly analyze some of the legal constraints on state actions. We then catalog some of the specific technologies used in the states to address carbon emissions. Finally, we provide some analysis of how states might implement emission control policies in a way that compensates important interests for some of their increased costs without losing the benefits of efficient policy design.
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Bibliographic InfoPaper provided by Center for Economic and Policy Studies in its series Working Papers with number 2007-02.
Length: 24 pages
Date of creation: 26 Nov 2007
Date of revision:
climate policy; environmental federalism; laboratories of democracy; states;
Find related papers by JEL classification:
- Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
- Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters
- H7 - Public Economics - - State and Local Government; Intergovernmental Relations
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