Some Inconvenient Truths About Climate Change Policy: The Distributional Impacts of Transportation Policies

Instead of efficiently pricing greenhouse gases, policy makers have favored measures that implicitly or explicitly subsidize low carbon fuels. We simulate a transportation-sector cap & trade program (CAT) and three policies currently in use: ethanol subsidies, a renewable fuel standard (RFS), an...

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Bibliographic Details
Main Authors: Holland, Stephen P., Hughes, Jonathan E., Knittel, Christopher R, Parker, Nathan C.
Format: Working Paper
Language:en_US
Published: MIT Center for Energy and Environmental Policy Research 2011
Online Access:http://hdl.handle.net/1721.1/66290