Using Taxes to Improve Cap and Trade, Part II: Efficient Pricing

Authors

David Gamage, University of Missouri School of Law
Darien Shanske

Document Type

Article

Publication Date

2016

Abstract

In this article, the first of a series, we analyze the distributional issues involved in implementing U.S. state level cap-and-trade regimes. Specifically, we will argue that the structure of California’s AB 32 regime will unnecessarily disadvantage lower-income Californians under the announced plan to give away approximately half of the permits to businesses and pollution-emitting entities.

Recommended Citation

David Gamage and Darien Shanske, Using Taxes to Improve Cap and Trade, Part II: Efficient Pricing, 81 State Tax Notes 807 (2016).
Available at: https://scholarship.law.missouri.edu/facpubs/1132