Inside Publications & Reports
In This Section
Table of Contents
Designing a Mandatory Greenhouse Gas Reduction Program for the U.S.
Foreword ii
Executive Summary iii
I. Introduction 1
II. U.S. Greenhouse Gas Emissions Profile 2
A. Carbon Dioxide 2
B. Other Greenhouse Gases 3
C. U.S. Greenhouse Gas Emissions Trends 4
B. Other Greenhouse Gases 3
C. U.S. Greenhouse Gas Emissions Trends 4
III. Domestic Climate Policy Framework 5
A. Voluntary Programs 5
B. Product Efficiency Standards 6
C. Clean Air Act 8
D. Options for a Domestic Program to Secure Greenhouse Gas Reductions 8
B. Product Efficiency Standards 6
C. Clean Air Act 8
D. Options for a Domestic Program to Secure Greenhouse Gas Reductions 8
IV. Design Criteria for a Domestic Greenhouse Gas
Regulatory Program 10
A. Environmental Effectiveness 10
B. Cost-effectiveness 11
C. Administrative Feasibility 15
D. Distributional Equity 15
E. Political Acceptability 16
B. Cost-effectiveness 11
C. Administrative Feasibility 15
D. Distributional Equity 15
E. Political Acceptability 16
V. Evaluating Different Approaches to Regulating Domestic
GHG Emissions 17
A. Emissions Trading ("Cap-and-Trade") Programs 17
B. GHG Tax 32
C. Sectoral Hybrid Program 34
B. GHG Tax 32
C. Sectoral Hybrid Program 34
VI. Conclusions 42
References 46
Endnotes 52