Carbon Tax and Greenhouse Gas Control: Options and Considerations for Congress Contributor(s): Congressional Research Service (Author) |
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ISBN: 1499311370 ISBN-13: 9781499311372 Publisher: Createspace Independent Publishing Platform OUR PRICE: $16.14 Product Type: Paperback Published: June 2014 |
Additional Information |
BISAC Categories: - Reference |
Physical Information: 0.11" H x 8.5" W x 11.02" (0.32 lbs) 52 pages |
Descriptions, Reviews, Etc. |
Publisher Description: Market-based mechanisms that limit greenhouse gas (GHG) emissions can be divided into two types: quantity control (e.g., cap-and-trade) and price control (e.g., carbon tax or fee). To some extent, a carbon tax and a cap-and-trade program would produce similar effects: Both are estimated to increase the price of fossil fuels, which would ultimately be borne by consumers, particularly households. Although there are multiple tools available to policymakers that could control GHG emissions-including existing statutory authorities-this report focuses on a carbon tax approach and how it compares to its more frequently discussed counterpart: cap-and-trade. |