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Greenhouse & Statehouse: The Evolving State Government Role in Climate Change

The current level of state activity surrounding the issue of climate change is striking. Measures that have proven controversial at the federal level, such as renewable portfolio standards and mandatory reporting of greenhouse gas emissions, have been implemented at the …

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Capital Cycles and the Timing of Climate Change Policy

Patterns of capital investment by businesses can have a major impact on the success and cost-effectiveness of climate change policies. Due to the high cost of new capital, firms often are reluctant to retire old facilities and equipment. Thus, capital …

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