Designing a Cap-and-Trade Program For the Midwest

The document outlines the framework for a potential cap-and-trade program in the Midwest, following the 2007 Greenhouse Gas Accord. It details the essential design components the region must consider, including the scope of coverage, the setting of emissions caps and reduction trajectories, the distribution of emission allowances, and the implementation of cost-containment measures such as early reduction and project-based offset credits. Additionally, it addresses the possibility of linking the regional program with other similar initiatives.

• The Greenhouse Gas Accord, announced in November 2007 by ten Midwestern governors, aims to improve energy security and design a greenhouse gas reduction program covering nearly 25% of U.S. emissions.
• The proposed regional strategy includes the implementation of a market-based, multi-sector cap-and-trade mechanism to achieve emissions reductions.

APA

World Resources Institute (n.d.). Designing a Cap-and-Trade Program For the Midwest. https://www.wri.org/research/designing-cap-and-trade-program-midwest

Chicago

World Resources Institute. Designing a Cap-and-Trade Program For the Midwest. n.d. https://www.wri.org/research/designing-cap-and-trade-program-midwest.

Wikipedia

{{cite report |author=World Resources Institute |title=Designing a Cap-and-Trade Program For the Midwest |url=https://www.wri.org/research/designing-cap-and-trade-program-midwest |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{worldresourcesinstitutenddesigning, author = {{World Resources Institute}}, title = {{Designing a Cap-and-Trade Program For the Midwest}}, institution = {World Resources Institute}, url = {https://www.wri.org/research/designing-cap-and-trade-program-midwest}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }