Climate Change Archive
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Policy Basics: Climate-Change Legislation and Low-Income Consumers
Updated February 5, 2013
“Putting a price on carbon” through market-based policies like cap and trade or a carbon tax is the most cost-effective way to reduce greenhouse gas pollution. By raising the price of fossil-fuel energy products — from home energy and gasoline to food and other goods and services … -
Policy Basics: Policies to Reduce Greenhouse Gas Emissions
Updated February 5, 2013
Cap and trade and its close cousin a carbon tax are the approaches that most economists favor for reducing greenhouse gas emissions. These market-based approaches work by creating incentives for businesses and households to conserve energy, improve energy efficiency, and adopt clean-energy …
