Results

Preference Parameter Estimates

Comparison to Pew Estimate

Implications for Emissions

Emissions Damage Estimates

Implications for Welfare

Implications for Welfare

Distributional Implications of ACESA Under Perfect Targeting

Distributional Implications of ACESA Under Equal Targeting

Efficiency Implications of ACESA Under Alternative Allocation

Rules

Would ACESA Have Passed the US Senate?

• No, it would have secured 50 votes, but needed 60 for passage.

Conclusions

Thanks!