The Maxwell School
Peter J Wilcoxen
GEO 360 Guest Session on Climate Mitigation Policies
Policy 3: Emissions Fee
Each firm must
pay $17 for each ton it emits
Firms can clean up, pay the fee, or do some of both.
The firm's goal is to keep costs low.
What actions should your firm use?
How much does your firm reduce its emissions, in tons?
What is the cost of reducing emissions?
How much does the firm pay in fees?
What is the total cost imposed by the policy?
Peter J Wilcoxen, The Maxwell School, Syracuse University