Table 25. Energy
Market Assumptions for the Macroeconomic Analysis of Three
Carbon Reduction Cases, Average Annual Values, 2008 through 2012
Analysis Case |
Binding Carbon Emissions Reduction Target (Million Metric Tons) |
Average U.S. Carbon Emissions Reductions (Million Metric Tons) |
U.S. Purchases of International Permits (Million Metric Tons) |
Carbon Price |
Value of Purchased International Permits (Billion 1992 Dollars) |
|
1996 Dollars |
1992 Dollars |
|||||
1990-3% |
485 | 485 | 0 | 290 | 263 | 0 |
1990+9% | 485 | 325 | 160 | 159 | 144 | 23 |
1990+24% | 485 | 122 | 363 | 65 | 59 | 21 |
Source: Office of Integrated Analysis and Forecasting, National Energy Modeling System, runs FD24ABV.D080398B, FD09ABV.D080398B, and FD03BLW. D080398B. |