Why Waxman/Markey Won’t Work: A cost-effectiveness metric for CO2 mitigation policies

By | May 18, 2009

why waxman markey wont work

 

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[Illustrations, footnotes and references available in PDF version]  

A simple, robust metric to analyze the cost-effectiveness of measures to mitigate anthropogenic CO2 emissions, expressed not – as now – in tonnes of CO2 emission foregone but in Kelvin degrees of warming prevented, is described, evaluated, and applied to various currently-proposed mitigation policies, all of which prove disproportionately costly and ineffective