The case for direct methods to address CO2 emissions and other negative environmental externalities

Kartik Athreya and Renee Courtois

Richmond Fed Economic Brief, 2009, issue Oct, No 09-10

Abstract: Existing policies to reduce emissions of carbon dioxide (CO2) largely have been structured to subsidize alternative energy technologies. Yet these policies are likely not to be as useful as ones that target CO2 emissions directly, such as an emissions tax or a "cap and trade" program.

Keywords: Energy policy; Environmental policy (search for similar items in EconPapers)
Date: 2009
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