The Design and Implementation of US Climate Policy
- Contents

Introduction and Summary
Don Fullerton and Catherine Wolfram
I. Climate Policy in the Broader Context
1. Distributional Impacts in a Comprehensive Climate Policy Package
Gilbert E. Metcalf, Aparna Mathur, and Kevin A. Hassett
Comment: Hilary Sigman
2. Climate Policy and Labor Markets
Olivier Deschênes
Comment: Matthew E. Kahn
3. Limiting Emissions and Trade: Some Basic Ideas
Kala Krishna
Comment: Meredith Fowlie
4. Regulatory Choice with Pollution and Innovation
Charles D. Kolstad
Comment: V. Kerry Smith
5. Spillovers from Climate Policy to Other Pollutants
Stephen P. Holland
Comment: Charles D. Kolstad
6. Markets for Anthropogenic Carbon within the Larger Carbon Cycle
Severin Borenstein
Comment: Wolfram Schlenker
II. Interactions with Other Policies
7. Interactions between State and Federal Climate Change Policies
Lawrence H. Goulder and Robert N. Stavins
Comment: Arik Levinson
8. Belts and Suspenders: Interactions among Climate Policy Regulations
Arik Levinson
Comment: Gilbert E. Metcalf
9. Climate Policy and Voluntary Initiatives: An Evaluation of the Connecticut Clean Energy Communities Program
Matthew J. Kotchen
Comment: Lucas W. Davis
10. Updating the Allocation of Greenhouse Gas Emissions Permits in a Federal Cap-and-Trade Program
Meredith Fowlie
Comment: Lawrence H. Goulder
III. Design Features of Climate Policy
11. Upstream versus Downstream Implementation of Climate Policy
Erin T. Mansur
Comment: Roberton C. Williams III
12. The Economics of Carbon Offsets
James B. Bushnell
Comment: Kala Krishna
13. Monitoring and Enforcement of Climate Policy
Hilary Sigman
Comment: Severin Borenstein
14.How Can Policy Encourage Economically Sensible Climate Adaptation?
V. Kerry Smith
Comment: Erin T. Mansur
15. Setting the Initial Time-Profile of Climate Policy: The Economics of Environmental Policy Phase-Ins
Roberton C. Williams III
Comment: Stephen P. Holland
IV. Sector-Specific Issues
16. Urban Policy Effects on Carbon Mitigation
Matthew E. Kahn
Comment: Christopher R. Knittel
17. Is Agricultural Production Becoming More or Less Sensitive to Extreme Heat? Evidence from US Corn and Soybean Yields
Michael J. Roberts and Wolfram Schlenker
Comment: James B. Bushnell
18. Carbon Prices and Automobile Greenhouse Gas Emissions: The Extensive and Intensive Margins
Christopher R. Knittel and Ryan Sandler
Comment: Matthew J. Kotchen
19. Evaluating the Slow Adoption of Energy Efficient Investments: Are Renters Less Likely to Have Energy Efficient Appliances?
Lucas W. Davis
Comment: Olivier Deschênes
Contributors
Author Index
Subject Index
Earth Sciences: Environment
Economics and Business: Economics--Agriculture and Natural Resources
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