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Product Abstract

Emissions Offsets: The Key Role of Greenhouse Gas Emissions Offsets in a U.S. Greenhouse Gas Cap-and-Trade Program

Product ID:1019910
Date Published:21-Jun-2010
Sector Name:Environment
Document Type:Technical Results
Price:No Charge

This Product is publicly available

   1.33 MB - Adobe PDF (.pdf)

For U.S. industries with operations that emit greenhouse gases (GHGs), climate policy is no longer a distant possibility — it is being planned and, in some cases, implemented today. While debate on a federal GHG trade program continues in Congress, CO2 emission reduction requirements have been put in effect in Northeastern States (i.e., the Regional Greenhouse Gas Initiative — RGGI), are being developed in California (to implement the state's "Global Warming Solutions Act" — AB32), and are being designed in the western states as part of the Western Climate Initiative — WCI).

This issue paper considers the specific GHG emission reduction requirements that sectors covered under a U.S. cap-and-trade bill — including the electricity sector — may face, and the role that offsets could play in helping to meet these requirements cost-effectively.

2010 Program 103   Analysis of Environmental Policy Design, Implementation and Company Strategy
  • Climate Change
  • Emissions offsets
  • Climate policy
  • GHG offsets
  • Greenhouse gas
  • Offsets

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