Digital Commons Network^™

A New Approach To Climate Change: A Consideration Of Ancillary Benefits In Linking Regional Permit Trading Systems, William H. Meyer

Honors Theses and Capstones

In this paper, I investigate the economic efficiency of two major approaches to greenhouse gas reduction, and evaluate their respective benefits. First, I trace the path of action and thinking on addressing climate change from a global to a regional level. Second, I consider the major economic benefits of having a globally-integrated greenhouse gas abatement system. Third, I consider the economic benefits of regional approaches to climate change, with a focus on the ancillary benefits from greenhouse gas abatement. I conclude by reviewing the challenges to linking regional abatement systems into a cohesive network, and suggest a potential future approach …