MIT Model Compares Effects of Different Carbon Cap and Trade Proposals in Congre

The MIT Joint Program on the Science and Policy of Global Change recently applied its Emissions Prediction and Policy Analysis model to evaluate a set of cap-and-trade proposals under consideration by the US Congress.

The proposals, which specify emissions reductions to be achieved through 2050 for the standard six-gas basket of greenhouse gases, fall into two groups: one specifying reductions of 50% to 80% below 1990 levels by 2050; the other establishing a tightening target for emissions intensity and stipulating a time-path for a

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