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Cap and Trade Features of Lieberman-Warner Climate Security Act

Project Summary

Full Title:	Analysis of the Cap and Trade Features of the Lieberman-Warner Climate Security Act (S. 2191)
Project ID:	225
Principal Investigator:	Sergey Paltsev
Keywords:	Greenhouse gases (GHG); costs; cap and trade

Purpose

Analyze the Lieberman-Warner Climate Security Act’s provisions as they relate to key features governing the cap-and-trade system.

Performer

Principal Investigator:	Sergey Paltsev
Organization:	Massachusetts Institute of Technology (MIT)
Address:	70 Massachusetts Avenue Cambridge, MA 02139
Email:	globalchange@mit.edu
Additional Performers:	Angelo C. Gurgel, Massachusetts Institute of Technology; Jennifer F. Holak, Massachusetts Institute of Technology; Henry D. Jacoby, Massachusetts Institute of Technology; Gilbert E. Metcalf, Massachusetts Institute of Technology; John M. Reilly, Massachusetts Institute of Technology; Andrei P. Sokolov, Massachusetts Institute of Technology

Sponsor(s)

Name:	Henry D. Jacoby
Organization:	MIT Joint Program on the Science and Policy of Global Change
Email:	globalchange@mit.edu

Period of Performance

End:	April 2007

Project Description

Type of Project:	Analysis
Category:	Environmental
Objectives:	Provide an analysis of the cap-and-trade components of S. 2191 as a compromise bill.

Technologies Considered:	Greenhouse gas emissions (GHG); carbon capture and storage

Models Used:	EPPA Model

Outputs:	Carbon price and economic welfare effects

Products/Deliverables

Description: Report
Publication Title: Assessment of U.S. Cap-and-Trade Proposals
Article/Abstract Title: Appendix D: Analysis of the Cap and Trade Features of the Lieberman-Warner Climate Security Act (S. 2191)
Page number(s): D1
Publisher: Massachusetts Institute of Technology
Publication Notes: Report No. 146
Author Name(s): Paltsev, Sergey; Reilly, John M.; Jacoby, Henry D.; Gurgel, Angelo C.; Metcalf, Gilbert E.; Sokolov,
(PDF 649 KB) Download Adobe Reader.
Publication Date: April 2007

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Date Last Updated: 04/01/2008