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  5. Market-Based Policy Options to Control U.S. Greenhouse Gas Emissions

Journal of Economic Perspectives

ISSN 0895-3309 (Print) | ISSN 1944-7965 (Online)

Market-Based Policy Options to Control U.S. Greenhouse Gas Emissions

  • Gilbert E. Metcalf
Journal of Economic Perspectives
vol. 23, no. 2, Spring 2009
(pp. 5–27)
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Abstract

The United States is moving closer to enacting a policy to reduce domestic emissions of greenhouse gases. A key element in any plan to reduce emissions will be to place a price on greenhouse gas emissions. This paper discusses the different approaches that can be taken to price emissions and assesses their strengths and weaknesses.

Citation

Metcalf, Gilbert E. 2009. "Market-Based Policy Options to Control U.S. Greenhouse Gas Emissions." Journal of Economic Perspectives, 23 (2): 5–27. DOI: 10.1257/jep.23.2.5

JEL Classification

  • Q54 Climate; Natural Disasters; Global Warming
  • Q58 Environmental Economics: Government Policy
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