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Climate Economics
Understanding the economic effects of greenhouse gas (GHG) emission reductions is essential to assessing climate change scenarios. EPA assesses the economic implications of policies to reduce the greenhouse gas intensity of the U.S. economy. These economy-wide analyses are complemented by studies in key areas of economic interaction in climate scenarios, including the mitigation of non-CO2 greenhouse gases, and carbon sequestration and land use change in the forestry and agriculture sector. Given the long time horizon of global greenhouse gas concentrations, EPA also analyzes long term climate scenarios.
Related Links
EPA delivers Analysis of Senate Bill S.2191 the "Climate Security Act of 2008".
Part 2 of analysis of Senate Bill S. 1766 "The Low Carbon Economy Act of 2007".
Analysis of Senate Bill S.280, The Climate Stewardship and Innovation Act of 2007
Global Mitigation of Non-CO2 Greenhouse Gases (EPA Report 430-R-06-005)
The following Web pages will provide you with an overview of the economic analyses EPA has conducted and the modeling tools and methods used. In addition, you will find information on long term scenarios of climate related economic impacts and non-CO2 greenhouse gases.