Article in Journal

Climate notes: Gathering Steam – the State of Climate Policy in the USA

Julius Elting, Jana Lippelt, Waldemar Marz, Alex Schmitt
ifo Institut, München, 2014

ifo Schnelldienst, 2014, 67, Nr. 24, 82-86

In June 2013 US President Barack Obama’s government launched a fresh bid to reduce greenhouse gas emissions in the near future, especially in the transport and electricity sectors, with its so-called “Climate Action Plan.” Against this background, the article offers an overview of climate policy initiatives in the USA over the past decade and discusses the latest proposal in terms of its content, implications and its prospects of success.

JEL Classification: Q510, Q560, Q580

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ifo Institut, München, 2014