Monitoring and enforcement of climate policy
By: Hilary Sigman
Contributors: National Bureau of Economic Research
Series: NBER working paper series -- working paper 16121; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 16121.
Publisher: National Bureau of Economic Research
Published: 2010
Place of publication: Cambridge, MA
Language: eng
Format: [electronic resource] /
Description: "This chapter applies recent research on environmental enforcement to a potential U.S.  program to control greenhouse gases, especially through emission trading.  Climate policies present the novel problem of integrating emissions reductions that are relatively easy to monitor (such as carbon dioxide emissions from fossil fuels) with those that may be very difficult to monitor (such as some emissions of other greenhouse gases).  The paper documents the heterogeneity in monitoring costs across different parts of current carbon markets.  It argues that a broad emission trading system that includes more difficult-to-enforce components can provide less incentive to violate the law than a narrower program; thus, the government may not find it more costly to assure compliance with a broader program"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 7/13/2010.

Includes bibliographical references.

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Mode of access: World Wide Web.