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Chapter 8: Economic Modeling of Carbon Fee-and-Dividend Policies

    https://doi.org/10.1142/9789811213960_0008Cited by:0 (Source: Crossref)
    Abstract:

    This chapter describes how economic models are used to answer questions about policy changes, specifically in the context of a carbon fee-and-dividend system. A carbon fee-and-dividend is a price on carbon dioxide emissions that returns the revenues gained to ordinary households in the form of a monthly check. The chapter describes, in nontechnical terms, the economic models and modeling processes involved and how they are similar and different from climate models…