Lowering Emissions of Greenhouse Gases through Emissions Trading   

This study, completed in 1998, examined alternative designs for incorporating emissions trading into a potential U.S. program for lowering emissions of greenhouse gases such as carbon dioxide. The study identified the design and implementation issues that are likely to be most contentious, constructed alternative options, and examined the strengths and weaknesses of each alternative. By analyzing how different potential trading systems will work under realistic conditions, the study provides advice to Congress and the Administration on the fairness, effectiveness, and cost-effectiveness of the major options. 

Reports from this project are available on our publications page.

For further information, please contact Tony Janetos, Vice President.