Research Paper

The Potential for the United States to Reduce Emissions of Greenhouse Gases

6 pages | 1420 words

This essay discusses the potential for the United States to reduce its emissions of greenhouse gases through the use of the DICE model and the implementation of a cap and trade system. The DICE model is a economic simulation model that was developed by economists at Yale University and is used to predict the cost-effectiveness of various policy options for reducing greenhouse gas emissions. The cap and trade system is an indirect instrument of the Kyoto Protocol, which the United States has not ratified. The reason why the United States has not ratified the Kyoto Protocol will be discussed, as well as other possible instruments that the United States could use in order to achieve emissions reductions.