Elements of a Cap-and-Invest Program Design for Maryland

Dallas Burtraw, Marc Hafstead and Kevin Rennert
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Dallas Burtraw: Resources for the Future
Marc Hafstead: Resources for the Future
Kevin Rennert: Resources for the Future

No 26-03, RFF Reports from Resources for the Future

Abstract: Eliminating greenhouse gas emissions throughout the global economy will entail comprehensive actions to reshape society’s approach to producing and using energy. Shifting to complete reliance on low- and zero-emissions sources of energy will require substantial investments in technology and infrastructure. Such investments could simultaneously drive economic growth and deliver environmental benefits in disproportionately impacted communities. Accomplishing a rapid energy transition—and doing so in a way that seizes the economic opportunity of that transition—will require a supportive policy framework.

Date: 2026-01-28
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