Two Recent Studies of Regional Differences in the Effects of Policies That Would Price Carbon Dioxide Emissions
Read the full report from the Congressional Budget Office.
Two teams of experts — one affiliated with the National Bureau of Economic Research (NBER) and one affiliated with Resources for the Future (RFF) — have estimated regional differences in the effects of policies that would increase the prices of fossil fuels in rough proportion to the carbon dioxide (CO2) emitted when they are combusted, as would occur under a cap-and-trade program.