Role of Emissions in Climate Change Policy
Book Details
Format
Hardback or Cased Book
ISBN-10
1617289868
ISBN-13
9781617289866
Publisher
Nova Science Publishers Inc
Imprint
Nova Science Publishers Inc
Country of Manufacture
US
Country of Publication
GB
Publication Date
Mar 15th, 2011
Print length
146 Pages
Weight
400 grams
Dimensions
23.90 x 15.80 x 1.60 cms
Product Classification:
Climate change
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Congress is considering proposals for market-based programs to limit greenhouse gas emissions. Many proposals involve creating a cap-and-trade program, in which an overall emissions cap is set and entities covered by the program must hold tradable permits - or -- "allowances" -- to cover their emissions. According to the Congressional Budget Office (CBO), the value of these allowances could total $300 billion annually by 2020. The government could either sell the allowances, give them away for free, or some combination of the two. This book examines the implications of different methods for selling allowances, given available information and the experiences of selected programs with regard to climate change policy options.
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