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dc.contributor.authorStavins, Robert N.en_US
dc.date.accessioned2011-01-13en_US
dc.date.accessioned2011-12-15T11:31:38Z-
dc.date.available2011-12-15T11:31:38Z-
dc.date.issued2008en_US
dc.identifier.urihttp://hdl.handle.net/10419/53231-
dc.description.abstractThere is growing impetus for a domestic U.S. climate policy that can provide meaningful reductions in emissions of CO2 and other greenhouse gases. I describe and analyze an up- stream, economy-wide CO2 cap-and-trade system which implements a gradual trajectory of emissions reductions (with inclusion over time of non-CO2 greenhouse gases), and includes mechanisms to reduce cost uncertainty. Initially, half of the allowances are allocated through auction and half through free distribution, with the share being auctioned gradually increasing to 100 percent over 25 years. The system provides for linkage with emission reduction credit projects in other countries, harmonization over time with effective cap-and-trade systems in other countries and regions, and appropriate linkage with actions taken in other countries, in order to establish a level playing field among domestically produced and imported products.en_US
dc.language.isoengen_US
dc.publisherFondazione Eni Enrico Mattei (FEEM) Milanoen_US
dc.relation.ispartofseriesNota di lavoro // Fondazione Eni Enrico Mattei: Sustainable development 67.2008en_US
dc.subject.jelQ54en_US
dc.subject.jelQ28en_US
dc.subject.jelQ38en_US
dc.subject.jelQ48en_US
dc.subject.jelQ58en_US
dc.subject.ddc330en_US
dc.subject.keywordCap-and-Trade Systemen_US
dc.subject.keywordCarbon Dioxideen_US
dc.subject.keywordGreenhouse Gas Emissionsen_US
dc.subject.keywordGlobal Climate Changeen_US
dc.subject.keywordCarbon Taxesen_US
dc.titleAddressing climate change with a comprehensive US cap-and-trade systemen_US
dc.typeWorking Paperen_US
dc.identifier.ppn643914838en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:FEEM Working Papers, Fondazione Eni Enrico Mattei

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