TY - JOUR AU - Fullerton, Don AU - Wolfram, Catherine TI - The Design and Implementation of U.S. Climate Policy: An Introduction JF - National Bureau of Economic Research Working Paper Series VL - No. 17499 PY - 2011 Y2 - October 2011 DO - 10.3386/w17499 UR - http://www.nber.org/papers/w17499 L1 - http://www.nber.org/papers/w17499.pdf N1 - Author contact info: Don Fullerton Department of Finance University of Illinois 515 East Gregory Drive, BIF Box#30 (MC520) Champaign, IL 61820 Tel: 217/244-3621 Fax: 217/244-3102 E-Mail: dfullert@illinois.edu Catherine Wolfram Haas School of Business University of California, Berkeley Berkeley, CA 94720-1900 Tel: 510/642-2588 Fax: 510/643-1420 E-Mail: wolfram@haas.berkeley.edu M1 - published as Don Fullerton, Catherine Wolfram. "Introduction and Summary to "The Design and Implementation of U.S. Climate Policy"," in Don Fullerton and Catherine Wolfram, editors, "The Design and Implementation of U.S. Climate Policy" University of Chicago Press (2012) M3 - presented at "The Design & Implementation of US Climate Policy", May 13-14, 2010 AB - While economic models have already proven useful to analyze big picture questions about climate policy such as the choice between a carbon tax or cap-and-trade permit system, the 19 chapters in this book show how economic models also are useful to address the many remaining smaller questions that arise as policy is implemented. For example, chapters consider: the tradeoffs policymakers confront in deciding whether to implement the policy upstream on energy producers or downstream on energy users; how to monitor and enforce climate policy; how Federal actions might interact with climate policies at other levels of government or with other non-climate policies; the distributional effects of different policy variations; policies that might impact particular sectors, including residential energy use, agriculture and transportation; and specific questions regarding offsets, trade, innovation, and adaptation. ER -