Today: Review of climate change legislation and gov't agency economic analyses
1. Read popular accounts of what is contained in legislation - take notes on main parts. Try to gauge how much support there is, likelihood of passing.
2. Comb through actual legislation to fill in holes.
3. Look at economic analyses and try to understand how model worked and what assumptions were made, particularly concerning discount rate, assumed cost increases, price of carbon, etc.
Began with McCain-Lieberman act - see memo. Still going through the "full report" which is in powerpoint form. Resume on p. 61 of PDF.
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