Published on Pew Center on Global Climate Change (http://www.pewclimate.org)
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

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

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

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

VI. Conclusions    42

References    46

Endnotes    52

Source URL: http://www.pewclimate.org/global-warming-in-depth/all_reports/mandatory_ghg_reduction_prgm/usgas_contents.cfm