Addressing Uncertainty in Investment in Initial Offsets Projects
This memo examines the options for addressing concerns that sufficient offset supply will not be available at the outset of the cap-and-trade program. We discuss the treatment of offset projects in the American Clean Energy and Security Act (H.R. 2454) and offer ideas on how the provisions could be altered to address these concerns.
Author(s): Lydia Olander, David Cooley, Brian Murray, and Jan Mazurek
Published: October 2009