A New Approach to Climate Change: A Consideration of Ancillary Benefits in Linking Regional Permit Trading Systems

Author

William H. Meyer, University of New Hampshire - Main CampusFollow

Date of Award

Spring 2015

Project Type

Senior Honors Thesis

College or School

PAUL

Department

Economics

Program or Major

Economics and History

Degree Name

Bachelor of Arts

First Advisor

Robert Mohr

Abstract

In this paper, I investigate the economic efficiency of two major approaches to greenhouse gas reduction, and evaluate their respective benefits. First, I trace the path of action and thinking on addressing climate change from a global to a regional level. Second, I consider the major economic benefits of having a globally-integrated greenhouse gas abatement system. Third, I consider the economic benefits of regional approaches to climate change, with a focus on the ancillary benefits from greenhouse gas abatement. I conclude by reviewing the challenges to linking regional abatement systems into a cohesive network, and suggest a potential future approach to an economically-efficient abatement of greenhouse gas emissions.

Recommended Citation

Meyer, William H., "A New Approach to Climate Change: A Consideration of Ancillary Benefits in Linking Regional Permit Trading Systems" (2015). Honors Theses and Capstones. 246.
https://scholars.unh.edu/honors/246