Carbon Control and the Economy: Economic Impacts of RGGI's First Three Years

The atmosphere for climate change policy in Washington is frustrated by deep partisan, geopolitical, and philosophical divides. But empirical evidence is emerging from states on the design of carbon control programs, and the impacts of such policies on the economy. We review the economic impact of R...

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Veröffentlicht in:The Electricity journal 2011, Vol.24 (10), p.30-40
Hauptverfasser: Hibbard, Paul J., Tierney, Susan F.
Format: Artikel
Sprache:eng
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Zusammenfassung:The atmosphere for climate change policy in Washington is frustrated by deep partisan, geopolitical, and philosophical divides. But empirical evidence is emerging from states on the design of carbon control programs, and the impacts of such policies on the economy. We review the economic impact of RGGI's first three years and find substantial positive economic benefits and best-practice program designs.
ISSN:1040-6190
1873-6874
DOI:10.1016/j.tej.2011.10.020