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Subtopic: Cap and Trade 48 items found
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Climate Impacts on Energy Markets: An Outsider's Perspective
Planners in the public and private sectors need to be aware of not only the economic policy challenges facing energy markets, Senior Fellow Tim Brennan asserts, but also the climate policies with which they have to cope.
Plugging Cap-and-Trade into California's Electricity Sector
Researchers Karen Palmer, Dallas Burtraw, and Anthony Paul address the options for regulating California’s electricity sector within the context of a statewide, and possibly regional, cap-and-trade program that also covers other sectors.
Burtraw Urges Consumer Relief in Climate Legislation
In Senate testimony, RFF Senior Fellow Dallas Burtraw said Congress can ease cost disparities for U.S. regions and the overall burden on middle-class households under a cap-and-trade program with relatively small changes to proposed legislation.
Finding Climate Mitigation Technologies That Work
Designing clean-energy technology policies to "decarbonize" major economies will require both a strong pricing signal as well as removal of policy barriers that inhibit R&D. In an RFF Issue Brief, Carolyn Fischer explores the tradeoffs.
The Evolving SO2 Allowance Market: Title IV, CAIR, and Beyond
In a July 13 commentary, David Evans and Karen Palmer discuss the sulfur dioxide cap-and-trade system. While the program has been highly successful in generating substantial pollution-related health benefits at relatively low cost, the authors suggest ways to make the program still more efficient.
The Political Economy of Environmental Justice
Poor people and minorities are more likely to live in neighborhoods at greater risk of environmental hazards. In a May 25 commentary, Spencer Banzhaf discusses public policy intervention on the grounds of environmental justice.
Time for a CO2 Tax?
In a new RFF Issue Brief, Ian Parry discusses the case for implementing a carbon tax as a quick way to establish a market price on greenhouse gases—and thus help stabilize further climate change.
Safety Valve, Price Collars and Banking and Borrowing
Harrison Fell and Richard Morgenstern assess some of the leading options to manage costs in a cap-and-trade system and find potentially large efficiency gains.
Should Cap-and-Trade Systems be Supplemented with Renewable Portfolio Standards?
Christoph Böhringer and Knut Einar Rosendahl discuss how renewable portfolio standards affect the costs of emissions control programs, whether or not there is an economic justification for these policies, and, if implemented, how these policies should be designed.
Pricing Carbon: Winners and Losers
Allocating the value of carbon permits or revenues from a CO2 auction is critical in determining who loses and who gains from climate policy changes. A new study examines the impacts across U.S. households and regions.
Coping with Climate Change
Adapting to uncertain climate extremes will challenge traditional regulatory mechanisms. In this seminar, panelists presented a range of options to deal with concerns about ecosystems, forests, oceans, freshwater resources, wildlife, and existing infrastructure.
A Symmetric Safety Valve
RFF scholars find that a cap-and-trade policy that includes a both a price floor and ceiling has significant advantages over a single-side “safety valve” approach that features only a cap.
House Testimony: Morgenstern on Climate Policy and Competitiveness
RFF Senior Fellow Richard Morgenstern testifies before the House of Representatives' Energy and Commerce Subcommittee on Energy and Environment, outlining approaches for addressing emission leakage.
Slouching Towards Copenhagen?
An RFF seminar analyzes the stumbling blocks ahead for the international community as it seeks to negotiate a sweeping new global climate agreement.
State-Federal Climate Roles: Bridging the Gaps
An RFF policy conference looks at ways to accommodate new federal climate initiatives and existing state-level policies – and avoid imposition of pre-emptive actions by overlapping jurisdictions.
Pricing Under Emissions Trading: An Experimental Analysis
RFF researchers went into the lab to see if actual pricing behavior in a cap-and-trade system matches the predictions of economic theory. The short answer is that it does, but only after participants gain some experience with the system.
Treasury Secretary Paulson on Climate Policy
In remarks at an RFF Policy Leadership Forum January 12, Treasury Secretary Henry M. Paulson, Jr., endorsed market mechanisms to deal with global climate change and suggested that the U.S. would benefit from a regulatory arrangement that uses price signals to limit carbon dioxide emissions. Video, audio and transcript available.
A Tax-Based Approach to Slowing Global Climate Change
New research by RFF Fellow Joseph Aldy and Senior Fellow Ian Parry, together with Eduardo Ley of The World Bank, shows that a strong case can be made for carbon taxes over a cap-and-trade system on uncertainty, fiscal, and distributional grounds, though this critically hinges on policy specifics and how revenues are used.
House Testimony: What's at Stake in the Allocation of CO2 Emission Allowances
Senior Fellow Dallas Burtraw tells the Ways and Means Committee that the choice of how to allocate the value of allowances is the most important element in the design of a cap-and-trade program.
Climate Policy: Where You Stand Depends on Where You Sit
A new discussion paper by Senior Fellows Dallas Burtraw and Margaret Walls and Research Assistant Richard Sweeney indicates that a national climate policy could have significant distributional effects across regions and income groups, and analyzes different approaches policymakers can use to address those impacts.
48 items found
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