TITLE

Preliminary Observations on Options for Distributing Emissions Allowances and Revenue under a Cap-and-Trade Program

AUTHOR(S)
Stephenson, John
PUB. DATE
August 2009
SOURCE
GAO Reports;8/4/2009, p1
SOURCE TYPE
Government Document
DOC. TYPE
Article
ABSTRACT
The article discusses the study by the U.S. Government Accountability Office regarding various methods for allocating emission allowances in a cap-and-trade program to address climate change. To increase the cost of activities that produce emissions, which in turn provide an economic impetus to lessen emissions, is the primary aim of this study. It suggests that low-income households will be affected diversely on the basis of their location by expanding the earned income tax credit.
ACCESSION #
43692037

 

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