We’ve released a new study today exploring the annual cost of a typical cap-and-trade system to U.S. households.
The study uses a standard Leontief input-output model to estimate how cap-and-trade burdens are passed down to households in the form of higher prices for carbon-intensive products. We present distributional estimates by income groups, age groups, family types and U.S. regions. The paper is No. 6 in the Working Paper series at the Tax Foundation in Washington, D.C.
The full study is here.
Posted by Andrew on Monday March 16, 2009 | Feedback?