Aldy, Joseph E.; Stavins, Robert N. - Fondazione ENI Enrico Mattei (FEEM) - 2011
Emissions of greenhouse gases linked with global climate change are affected by diverse aspects of economic activity …, including individual consumption, business investment, and government spending. An effective climate policy will have to modify …-and-trade, and clean energy standards. We note that the U.S. political response to possible market-based approaches to climate policy …