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Pricing carbon in the U.S.: A model-based analysis of power-sector-only approaches

McKibbin, Warwick; Morris, Adele; Wilcoxen, Peter

Description

One proposed climate policy is a "power-sector-only" approach that would focus exclusively on controlling carbon dioxide emissions from electricity generation. This paper uses an intertemporal computable general equilibrium model of the world economy called G-Cubed to compare a power-sector-only climate policy with two alternative economy-wide measures that either: (1) place the same price on carbon or (2) achieve the same cumulative emissions reduction as the program limited to the power...[Show more]

CollectionsANU Research Publications
Date published: 2014
Type: Journal article
URI: http://hdl.handle.net/1885/68913
Source: Resource and Energy Economics
DOI: 10.1016/j.reseneeco.2013.11.007

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