Taxing Carbon in the Electric Power Sector
- Brief overview of social cost of carbon (SCC)
- Discuss channels through which a tax will reduce CO2 emissions in the electric power sector
- Review "engineering" and econometric methods of estimating the CO2 abatement supply curve.
Required ReadingsCullen and Mansur (AEJ 2017) [link]
Paul, Beasely and Palmer (2013) [link]