Metcalf, Gilbert E.; Paltsev, Sergey.; Reilly, John M.; Jacoby, Henry D.; Holak, Jennifer(MIT Joint Program on the Science and Policy of Global Change, 2008-04)
The U.S. Congress is considering a set of bills designed to limit the nation’s greenhouse gas (GHG)
emissions. Several of these proposals call for a cap-and-trade system; others propose an emissions tax.
This paper ...