Pricing carbon in the U.S.: A model-based analysis of power sector only approaches

Pricing carbon in the U.S.: A model-based analysis of power sector only approaches / Warwick J. McKibbin, Adele Morris, Peter J. Wilcoxen. Brookings Institution, 20 April 2012, 39 p. (Climate and energy economics discussion paper)

http://www.brookings.edu/~/media/Files/rc/papers/2012/04_pricing_carbon_morris/04_pricing_carbon_morris.pdf

Executive Summary

In June 2010, as the prospects in the U.S. Senate for an economy-wide cap-and-trade bill dimmed, some proponents of climate policy began to push for a more limited-scope approach. One proposed way to limit the scope of the bill was to apply the cap-and-trade program only to the carbon dioxide (CO2) emissions from electricity generation. This paper uses an intertemporal computable general equilibrium (CGE) model of the world economy called G-Cubed to compare a power-sector-only climate policy with economy-wide measures that either place the same price on carbon or achieve the same cumulative emissions reduction as the program limited to the power sector… more



Citer ce billet
Danièle Revel (2012, 23 avril). Pricing carbon in the U.S.: A model-based analysis of power sector only approaches. Veille énergie climat. Consulté le 18 juin 2024, à l’adresse https://doi.org/10.58079/o9mq

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