The Impacts of the Climate Change Levy on Business : Evidence from Microdata

Centre for Economic Performance; London School of Economics and Political Science (CEP Discussion Paper No 917; March, 2009) / by Ralf Martin, Laure B. de Preux and Ulrich J. Wagner
http://cep.lse.ac.uk/pubs/download/dp0917.pdf
[Abstract] We estimate the impacts of an energy tax – the Climate Change Levy (CCL) – on the manufacturing sector using panel data from the UK [...]

Carbon Tax and Greenhouse Gas Control : Options and Considerations for Congress

Congressional Research Service
http://opencrs.com/document/R40242
[From summary]  Market-based mechanisms that limit greenhouse gas (GHG) emissions can be divided into two types: quantity control (e.g., cap-and-trade) and price control (e.g., carbon tax or fee). To some extent, a carbon tax and a cap-and-trade program would produce similar effects: Both are estimated to increase the price of fossil fuels, which [...]

Why Utilities Are Not Well-Suited to Deliver Relief to Low- and Moderate-Income Consumers in a Climate Bill

Center on Budget and Policy Priorities / by Chad Stone and Robert Greenstein
http://www.cbpp.org/2-19-09climate.htm
Comprehensive climate change legislation is expected to include measures to mitigate the effects of higher energy-related prices on low- and moderate-income family budgets. Those higher energy prices play an important role in achieving efficient emissions reductions under a cap-and-trade system (or under [...]

Fuel Efficiency Standards : A Detour from the Cheapest Climate Protection

Brookings Institution / by Adele Morris
http://www.brookings.edu/opinions/2009/0203_climate_change_morris.aspx
[From article] Given that an economy-wide climate bill is likely forthcoming in the next two years, do higher fuel economy standards or other regulatory measures now make sense?…Because mandating greater automotive fuel efficiency tends to be a more costly way to reduce emissions than other methods, the California rules could [...]

Aviation and Climate Change

Congressional Research Service
http://opencrs.com/document/R40090
[Summary]  Aircraft are a significant source of greenhouse gases—compounds that trap the sun’s heat, with effects on the Earth’s climate. In the United States, aircraft of all kinds are estimated to emit between 2.4% and 3.4% of the nation’s total greenhouse gas (GHG) emissions, depending on whether one counts international air travel. The [...]

The Design of a Carbon Tax

Reg-Markets Center / by Gilbert Metcalf and David Weisbach
http://aei-brookings.org/admin/authorpdfs/redirect-safely.php?fname=../pdffiles/phpAT.pdf
[Executive summary]  We consider the design of a tax on greenhouse gas emissions for a developed country such as the United States. We consider three sets of issues: the optimal tax base, issues relating to the rate (including the use of the revenues and rate changes over [...]

EEI Global Climate Change Points of Agreement

Edison Electric Institute
http://www.eei.org/ourissues/TheEnvironment/Climate/Documents/EEI_Climate_Points_of_Agreement.pdf
[From WSJ Environmental Capital] …Edison Electric Institute “plans to announce this morning that it will focus its efforts on a cap-and-trade program, but “also remain open to a tax-based or hybrid approach in the event the political environment shifts.” The group plans to suggest ways to control the costs associated with regulation and [...]

Climate Change : Design Approaches for a Greenhouse Gas Reduction Program

Congressional Research Service
http://opencrs.com/document/RL33799
[From summary]  Two events provide impetus for revisiting the cost issue with respect to designing a greenhouse gas reduction program. The first is the election of a new President publicly committed to substantial reductions in greenhouse gases over the next several decades. The second was passage of the 2005 Sense of the Senate [...]

The Road…Less Traveled: An Analysis of Vehicle Miles Traveled Trends in the U.S.

Brookings Institution / by Robert Puentes and Adie Tomer
http://www.brookings.edu/metro/~/media/Files/rc/reports/2008/1216_transportation_tomer_puentes/vehicle_miles_traveled_report.pdf
The Wall Street Journal’s Ana Campoy reports:
As politicians debate how to break the nation’s addiction to foreign oil and curb its global-warming emissions, laypeople are already setting an example: They’re cutting back on driving.
That’s not just because they were shocked into conserving when gasoline prices surpassed $4 [...]

Expecting the Unexpected: Macroeconomic Volatility and Climate Policy

Brookings Institution / by Warwick J. McKibbin, Adele Morris and Peter J. Wilcoxen
http://www.brookings.edu/papers/2008/11_climate_change_morris.aspx?emc=lm&m=220431&l=70&v=1088428
[Abstract] To estimate the emissions reductions and costs of a climate policy, analysts usually compare a policy scenario with a baseline scenario of future economic conditions without the policy. Both scenarios require assumptions about the future course of numerous factors such as population [...]