Addressing Climate Change with a Comprehensive U.S. Cap-and-Trade System

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Climate-change policy: why has so little been achieved? (2008, background): “The challenges to this undertaking 34 For a discussion of cap-and-trade schemes in the USA, see the article by Robert Stavins in this issue (Stavins, 2008). are well known, and little has changed the basic incentives and trade-offs.”
From plastic bottle recycling to policy support: An experimental test of pro-environmental spillover (2016, background): “They are, in turn, less inclined to support climate policy, which is arguably more effective than individual behavior at mitigating climate change (Stavins, 2008).”
Political economy constraints on carbon pricing policies: What are the implications for economic efficiency, environmental efficacy, and climate policy design? (2014, background): “…pricing policies to be the most economically efficient or “first-best” response to climate-related externalities or the most cost-effective way to accomplish a given emissions mitigation objective (Aldy and Stavins, 2012; Metcalf and Weisbach, 2009; Nordhaus, 1992, 1994, 2008; Stavins, 1997, 2008).”
Abatement and Allocation in the Pilot Phase of the EU ETS (2009, background): “…most prominent is the United States where cap and trade is already occurring at the regional level with the likelihood of federal legislation growing constantly as support spreads from environmental groups, to some companies and other nontraditional sources such as religious groups (Stavins, 2008).”