Cap-and-Trade Support Linked to Revenue Use

Issues in Energy and Environmental Policy, No. 23, June 2015

17 Pages Posted: 28 Aug 2015

See all articles by Sarah Mills

Sarah Mills

University of Michigan at Ann Arbor - Center for Local, State, and Urban Policy

Barry G. Rabe

University of Michigan at Ann Arbor - Gerald R. Ford School of Public Policy

Christopher P. Borick

Muhlenberg College

Date Written: June 30, 2015

Abstract

The Obama Administration’s creation of the Clean Power Plan to reduce greenhouse gas emissions from the electric power sector has renewed interest in possible state or regional adoption of cap-and-trade programs to meet mandatory reduction targets. The latest version of the National Surveys on Energy and Environment (NSEE) sought to understand Americans’ awareness of existing cap-and-trade programs in their state, and to gauge their receptiveness to this policy option. The survey finds that a large percentage (71%) of Americans do not know whether their state had adopted a cap-and-trade program, and more than a third (38%) of Americans haven’t formed an opinion about whether or not their state should adopt such an approach to reducing greenhouse gas emissions. When provided with more details about various options on how revenues generated through allowance auctions from such a program might be used, more Americans express an opinion, and some options clearly rise to the top. In particular, support is highest amongst both Republicans and Democrats for a cap-and-trade program in which revenues are used to expand energy efficiency programs.

Suggested Citation

Mills, Sarah and Rabe, Barry G. and Borick, Christopher P., Cap-and-Trade Support Linked to Revenue Use (June 30, 2015). Issues in Energy and Environmental Policy, No. 23, June 2015, Available at SSRN: https://ssrn.com/abstract=2651682

Sarah Mills

University of Michigan at Ann Arbor - Center for Local, State, and Urban Policy ( email )

735 South State Street, Weill Hall
Ann Arbor, MI 48109
United States
734-615-5315 (Phone)

Barry G. Rabe (Contact Author)

University of Michigan at Ann Arbor - Gerald R. Ford School of Public Policy ( email )

735 South State Street, Weill Hall
Ann Arbor, MI 48109
United States
734.615.9596 (Phone)

Christopher P. Borick

Muhlenberg College ( email )

2400 West Chew St
Allentown, PA Pennsylvania 18104
United States

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