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C02 Emission Limits: An Economic Cost Analysis for the USA
Abstract
This paper provides a cost-benefit analysis of controlling or decreasing CO2 emissions. It uses an analytical framework, called Global 2100, which is designed to evaluated C02 energy economy interactions and estimate the cost of a carbon emissions limit. It analyzes three demand parameters (potential GNP growth, elasticity of price induced substitution between capital-labour and energy, and the rate of autonomous energy efficiency improvements) which are crucial to the debate over energy and environmental futures. The paper discusses various energy sources which are either presently in use or will possibly be in use in the future, and analyzes their impact on cost-benefit analyses. Finally, the paper analyzes the results of carbon constraints and suggests that there is need for more research and development on the subject.
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Citations
Cited by
The Khazzoom-Brookes postulate and neoclassical growth
Saunders, H. D. (1992) · The Energy Journal · doi:10.5547/issn0195-6574-ej-vol13-no4-7 · Cited by 665
Rolling the ‘DICE’: an optimal transition path for controlling greenhouse gases
Nordhaus, W. D. (1993) · Resource and Energy Economics · doi:10.1016/0928-7655(93)90017-o · Cited by 567
The Cost of Slowing Climate Change: a Survey
Nordhaus, W. D. (1991) · The Energy Journal · doi:10.5547/issn0195-6574-ej-vol12-no1-4 · Cited by 351
Introduction to Energy Systems Modelling
Herbst, A., Toro, F., Reitze, F., & Jochem, E. (2012) · Swiss Journal of Economics and Statistics · doi:10.1007/bf03399363 · Cited by 290
Costs of Reducing Global Carbon Emissions
Weyant, J. P. (1993) · Journal of Economic Perspectives · doi:10.1257/jep.7.4.27 · Cited by 142
Metadata
- Authors
- Manne, A. S., & Richels, R. G.
- Venue
- The Energy Journal
- Publisher
- SAGE Publications
- Published
- 1990-04
- Volume
- 11
- Issue
- 2
- Pages
- 51-75
- ISSN
- 0195-6574 (ISSN-L)
- 1944-9089
- OpenAlex
- W2121226504
- Cited by
- 227
- References
- 0
- FWCI
- 93.45
- Type
- journal article
- Language
- en
- Open access
- closed
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- CoChat. (2026). Citation check: C02 Emission Limits: An Economic Cost Analysis for the USA. https://app.cochat.ai/papers/10.5547/issn0195-6574-ej-vol11-no2-3
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- Manne, A. S., & Richels, R. G. (1990). C02 Emission Limits: An Economic Cost Analysis for the USA. The Energy Journal. https://doi.org/10.5547/issn0195-6574-ej-vol11-no2-3
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.