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dc.contributor.authorStavins, Robert N.en
dc.date.accessioned2011-01-13-
dc.date.accessioned2011-12-15T11:31:38Z-
dc.date.available2011-12-15T11:31:38Z-
dc.date.issued2008-
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
dc.language.isoengen
dc.publisher|aFondazione Eni Enrico Mattei (FEEM) |cMilanoen
dc.relation.ispartofseries|aNota di Lavoro |x67.2008en
dc.subject.jelQ54en
dc.subject.jelQ28en
dc.subject.jelQ38en
dc.subject.jelQ48en
dc.subject.jelQ58en
dc.subject.ddc330en
dc.subject.keywordCap-and-Trade Systemen
dc.subject.keywordCarbon Dioxideen
dc.subject.keywordGreenhouse Gas Emissionsen
dc.subject.keywordGlobal Climate Changeen
dc.subject.keywordCarbon Taxesen
dc.titleAddressing climate change with a comprehensive US cap-and-trade system-
dc.typeWorking Paperen
dc.identifier.ppn643914838en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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