Congress has been working on legislation to create a federal cap-and-trade program, and enactment of a new law is on the horizon. A cap-and-trade program could affect federal, state, and local government costs as governments are large purchasers of energy intensive goods and would be responsible for a cap-and-trade program's implementation. To answer all your questions about this method of controlling greenhouse gas emissions, LexisNexis has released a new pamphlet, Cap-and-Trade: Law and Economics eBook. Along with explaining the basic elements and purpose of a cap-and-trade system, the pamphlet discusses two other mechanisms that could be used to reduce greenhouse gas emissions: the command and control approach and a carbon tax. The pamphlet also summarizes key provisions of the proposed federal programs to regulate climate change and sets out a checklist of considerations for owners and operators of greenhouse gas cap-and-trade sources to take into account in preparing for any upcoming regulatory action.

Cap-and-Trade: Law and Economics eBook is just one title in the continuing series of LexisNexis Global Climate Change Special Pamphlets that collectively address the law of global climate change. The series, written by members of the American College of Environmental Lawyers (ACOEL) and other experts, provides complete and up-to-date legal analysis of federal and state climate change statutory and case law, economic analysis of emerging carbon markets, practice pointers, and when appropriate, checklists and forms.

Other eBooks in the series currently available for purchase are: