Insights from Modeling Analyses of the Lieberman-Warner Climate Security Act
Models only provide a simplified view of our economy. In the case of the Lieberman-Warner Climate Security Act (S.2191), models can capture many of the key policy elements (e.g., the impacts of targets, timing, and offsets) but cannot incorporate all of them.
This In-Brief examines some of the models that have been used to assess the economic impacts of the Lieberman-Warner Climate Security Act (as reported out of Committee in December 2007) and puts them in context for consumers of this modeling information.
Download the In-Brief (PDF)
- Primer on Liberman-Warner Climate Security Act (S.2191) - As Reported out of Senate EPW Committee (PDF)
Vicki Arroyo, Director of Domestic Policy Analysis, Pew Center on Global Climate Change
- Insights from Modeling Analyses of the Lieberman-Warner Climate Security Act (S.2191) (PDF)
Janet Peace, Director for Markets & Business Strategy & Senior Economist, Pew Center on Global Climate Change
In this paper:
- Download Full In Brief
- Press Release
- Further Reading: Insights Not Numbers: The Appropriate Use of Economic Models