Market-Based Policy Options to Control U.S. Greenhouse Gas Emissions
- (pp. 5-27)
AbstractThe United States is moving closer to enacting a policy to reduce domestic emissions of greenhouse gases. A key element in any plan to reduce emissions will be to place a price on greenhouse gas emissions. This paper discusses the different approaches that can be taken to price emissions and assesses their strengths and weaknesses.
CitationMetcalf, Gilbert E. 2009. "Market-Based Policy Options to Control U.S. Greenhouse Gas Emissions." Journal of Economic Perspectives, 23 (2): 5-27. DOI: 10.1257/jep.23.2.5
- Q54 Climate; Natural Disasters; Global Warming
- Q58 Environmental Economics: Government Policy