Climate Change Library
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c. U.S. Economic Impacts
Distributional Effects “Climate change is not
only an issue of the environment; it is also an issue of justice and human
rights, one that dangerously intersects race and class. All over the world
people f color, Indigenous Peoples and low-income communities ear
disproportionate burdens from climate change itself, ...
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From the Abstract:
“The impacts on consumers of a cap on carbon
emissions will vary across income brackets and
across the 50 states. This paper provides statelevel
estimates of these impacts by income
decile. We then estimate the net effect of a
cap-and-dividend policy in which all carbon
permits are auctioned and 80% of the revenue
is retu ...
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This short briefing paper explains how the recycling of cap-and-trade revenues can minimize the economic burden of such a program on lower and middle income households while delivering substantial environmental benefits.
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A set of 15 brief (2 page) papers on aspects of the economic analysis of climate change policy options.
From the Introduction:
“E3 is a new network of economists who are developing and applying economic arguments for active protection of human health and the natural environment. E3 emerged from a series of conversations between economists, repre ...
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Policies to cap emissions of carbon dioxide (CO2) in the U.S. economy could pose significant costs on the electricity sector, which contributes roughly 40 percent of total CO2 emissions in the U.S. Using a detailed simulation model of the electricity sector, the paper evaluates alternative ways that emission allowances can be allocated.
Most prev ...
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This report addresses the feasability of individual states becoming self-sufficient in energy generation by using their own renewable resources.
This second edition, while focused on electricity, also incliudes nearly all renewable sources (on and offshore wind, micro hydro, heat, power, geothermal and rooftop photovoltaics.) The conclusi ...
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This briefing paper argues that the best way to defray the costs of a cap-and-trade system for middle-income households is to provide a climate tax credit, financed by auctioning carbon emission permits. It argues that general reductions in tax rates would be less efficient in meeting the goal of minimizing the impact of cap-and-trade on household ...
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The purpose of this paper (which is actually Chapter Three from "The World of Work Report 2009: the Global Jobs Crisis and Beyond"), is to examine and assess the pros and cons of the various arguments regarding new employment in the green economy and the distributional effects of green policies.
From the Introduction: The paper "presents a ...
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From the website: This report finds that investments in a clean energy economy can significantly drive down the unemployment rate and provide job opportunities to Americans across all skill and education levels. Through increased employment and lower energy bills and transportation costs, the standard of living for low-income people in particular w ...
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Summary
"How can we forge a fairer and more equal society to meet the challenges of the twenty-first century? Why do fairness and equality matter when it comes to tackling climate change and the global financial crisis?
"This short paper aims to provoke fresh thinking and debate about the policies we shall need for the future. It opens ...
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From the Introduction:
“Many of the opportunities to reduce emissions at relatively low cost are located in developing countries. It appears that these opportunities must be seized to keep atmospheric carbon dioxide (CO2) concentrations from exceeding the 450–550 parts per million (ppm) range suggested by Stern (2007). But poor countries are ...
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"At a time of rising unemployment and economic insecurity, some
people argue that we cannot afford the 'luxury' of protecting the
environment. But this report from a new coalition of the UK's leading
environmental and social justice groups argues that tackling climate
change actually offers a huge opportunity for boosting the economy and
reduc ...
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From the website: “This paper examines these broader economic considerations—jobs, incomes, and economic growth—through the lens of two government initiatives this year by the Obama administration and Congress. The first is the set of clean-energy provisions incorporated within the American Recovery and Reinvestment Act, initiated by the Obama admi ...
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This paper is intended to promote a deeper understanding of the issues of climate change and responses to the threats it poses and to encourage everyone to participate in the discussion and to weigh in on proposed solutions. It is motivated by the observation that the most vulnerable populations—nationally and globally—will bear the brunt of this ...
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This briefing paper argues that cap-and-trade policies should not look to electrical utilities to shield low and moderate income households from the costs of limiting carbon emissions or to reimburse them after the fact. Instead, policies should incorporate rebate programs targeted at these households.
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