Strategic Reserve Coupons

A New Idea for Cost Containment

Author(s): Jon A. Anda, Nathaniel O. Keohane, Peter Maniloff, Brian Murray and Tim Profeta

Published: October 2009

download: policy brief (.pdf) >

As the need to tackle global warming and strengthen U.S. energy security become increasingly evident, political momentum has increased for a transformation of America’s energy sector. The Obama administration has declared that the transition to a low-carbon economy is a top White House priority, and integral to America’s long-term economic prosperity. In June, the House of Representatives passed legislation (H.R. 2454, America’s Climate and Energy Security Act of 2009) to cap emissions of the greenhouse gases that cause global warming. The Senate is now considering legislation of its own.