PUTTING A PRICE ON CARBON: A HANDBOOK FOR U.S. POLICYMAKERS

Abstract

This Handbook provides an overview of carbon pricing -- the types of decisions that need to be made in designing a program (including the political decisions about the use of revenue) and the expected economic impacts of alternative approaches. We conducted a thorough review of the literature, selecting a broad array of well-regarded and highly cited studies that represent a range of viewpoints. We expect this Handbook to be useful in the public debate in the United States on whether, how, and when to implement a national carbon price.