Energy Market and Economic Impacts of a Proposal to Reduce Greenhouse Gas Intensity with a Cap and Trade System
The U.S. Department of Energy’s Energy Information Administration (EIA) has released a report, which was requested by members of the U.S. Senate, that assesses the impacts of a proposal that would regulate emissions of greenhouse gases through an allowance cap-and-trade system. The program would set the cap to achieve a reduction in emissions relative to economic output, or greenhouse gas intensity.
This Summary Last Modified On: 4/22/2011