KETEP 세계에너지시장정보

1.  Cap-and-Invest in the Context of Maryland’s Emissions Reduction Goals 1

2.  Emissions Sources and Policy Options 3

3.  Basic Architecture for a Cap-and-Invest Program 5
 3.1.  Setting the Cap 5
 3.2.  Covered Entities 6
 3.3.  Investment of Allowance Auction Proceeds 7
 3.4.  Key Elements in the Administration of the Cap-and-Invest Program 9
 3.5.  Emissions Reductions in Disproportionately Impacted Communities 12
 3.6.  Interaction with Other Regulations 13
 3.7.  Compliance Flexibility 13
  3.7.1.  Price Floor and Emissions Containment Reserve 14
  3.7.2.  Cost Containment Reserves and a Price Ceiling 15
 3.8.  Free Allocation and Industrial Competitiveness 16
 3.9.  Emissions Offsets 18
 3.10.  Capitalizing on Federal Support 19
 3.11.  Program Launch 20

4.  Affordability 21

5.  Sectoral Implementation 23
 5.1.  Transportation 23
  5.1.1.  Options for Implementing Cap-and-Invest for Transportation 24
  5.1.2.  How Are Households Affected by Cap-and-Invest in the Transportation Sector? 25
 5.2.  Industry 27
  5.2.1.  Options for Implementing Cap-and-Invest for Industry 28
  5.2.2.  How Are Households Affected by Cap-and-Invest in the Industrial Sector? 28
 5.3.  Buildings 29
  5.3.1.  Options for Implementing Cap-and-Invest for Buildings 29
  5.3.2.  How Are Households Affected by Cap-and-Invest for Buildings? 29
 5.4.  Electricity 30
  5.4.1.  Options for Implementing Cap-and-Invest for Electricity 31
  5.4.2.  How Are Households Affected by Cap-and-Invest for Electricity? 32
 5.5.  Agriculture and Forestry 32
  5.5.1.  Options for Implementing Cap-and-Invest for Agriculture and Forestry 33
  5.5.2.  How Are Households Affected by Cap-and-Invest for Agriculture and Forestry? 33

6.  Linking with Other Jurisdictions 34

7.  Conclusion 35

References 36

Abbreviations 37