Thirteen top economists analyze the Obama Administration's main climate policy in Science
Thursday, November 13, 2014 - 14:00
in Mathematics & Economics
The Obama Administration's Clean Power Plan, released in June 2014 and seeking public comments until December 1, aims to reduce carbon emissions from existing power plants by 30 percent (below 2005 levels) by 2030. Under the rule, states are required to develop plans to meet specific standards devised by the EPA. In the latest edition of Science, economists from the University of Chicago, Stanford, Yale, Harvard, MIT and the University of California-Berkeley and Davis have come together to give their take on the plan. Specifically, they assess whether the plan will achieve its intended emissions reductions, and how it can do so in the most cost-effective manner.