Abstract

http://ssrn.com/abstract=1759571
 
 

Citations (3)



 
 

Footnotes (11)



 


 



Greenhouse Gas Regulation Under the Clean Air Act: A Guide for Economists


Dallas Burtraw


Resources for the Future

Arthur G. Fraas


Resources for the Future

Nathan D. Richardson


University of South Carolina - School of Law; Resources for the Future

February 9, 2011

Resources for the Future Discussion Paper No. 11-08

Abstract:     
Until recently, most attention to U.S. climate policy has focused on legislative efforts to introduce a price on carbon through cap and trade. In the absence of such legislation, the Clean Air Act is a potentially potent alternative. Decisions regarding existing stationary sources will have the greatest effect on emissions reductions. The magnitude is uncertain, but plausibly 10 percent reductions in greenhouse gas emissions from 2005 levels could be achieved at moderate costs by 2020. This is comparable to the reductions that would have been achieved under the Waxman-Markey legislation in the domestic economy. These measures do not include the switching of fuels, which could yield further reductions. The ultimate cost of regulation under the act hinges on the stringency of standards and the flexibility allowed. A broad-based tradable performance standard is legally plausible and would provide incentives comparable to the proposed legislation, at least in the near term.

Number of Pages in PDF File: 32

Keywords: climate policy, efficiency, EPA, Clean Air Act, NAAQS, coal

JEL Classification: K32, Q54, Q58


Open PDF in Browser Download This Paper

Date posted: February 21, 2011  

Suggested Citation

Burtraw, Dallas and Fraas, Arthur G. and Richardson, Nathan D., Greenhouse Gas Regulation Under the Clean Air Act: A Guide for Economists (February 9, 2011). Resources for the Future Discussion Paper No. 11-08. Available at SSRN: http://ssrn.com/abstract=1759571 or http://dx.doi.org/10.2139/ssrn.1759571

Contact Information

Dallas Burtraw (Contact Author)
Resources for the Future ( email )
1616 P Street, NW
Washington, DC 20036
United States
202-328-5087 (Phone)
Arthur G. Fraas
Resources for the Future ( email )
1616 P ST, NW
Washington, DC 20036
United States
Nathan D. Richardson
University of South Carolina - School of Law ( email )
Main & Greene Streets
Columbia, SC 29208
United States
Resources for the Future ( email )
1616 P Street, NW
Washington, DC 20036
United States
Feedback to SSRN


Paper statistics
Abstract Views: 361
Downloads: 52
Download Rank: 287,715
Citations:  3
Footnotes:  11

© 2016 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollobot1 in 0.187 seconds