Design issues in a mandatory greenhouse gas emissions registry for the United States

My latest paper1, going by the title above and written with Chris Weber and Scott Matthews, has been published online. It refers to the Mandatory Greenhouse Gas Reporting Rule proposed by the EPA, which is out for public comment until June 9th.

The point of the rule is to collect greenhouse gas emissions data from facilities in order to support future regulations and climate policy development. It is an exciting first step toward controlling emissions from the majority of sources across the economy. Many of the issues that have to be hammered out about who is in or out of the system and what kinds of emissions are included are the same for the reporting rule as for a cap-and-trade system. In this way, the reporting rule may very well set the groundwork and the boundaries of a cap-and-trade system or other regulation. Cap-and-trade, however, will not be enough to solve the climate problem.

Our major point in the paper is that the reporting rule can be easily augmented to collect more data to support a wider array of future policies and regulations. We also discuss the choice of reporting thresholds (the proposed rule did not use any objective criteria to set the threshold of 25,000 tons CO2e/yr across the board) and basically recommend a lower threshold than what was chosen.

I encourage interested members of the pubic to (read our paper and) submit a comment on the rule.

1Joshuah K. Stolaroff, Christopher L. Weber, and H. Scott Matthews. “Design issues in a mandatory greenhouse gas emissions registry for the United States.” Energy Policy. In Press, Available online 15 May 2009.

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