Title

Climate Change Policy & the Natural Gas Transmission Sector

Date of Award

5-31-2009

Document Type

Capstone Project

Disciplines

Environmental Policy & Mgmt

Degree Name

Master of Applied Science

Department

Environmental Policy & Mgmt

Advisor

Steven Arnold

Keywords

cap-and-trade; cap-and-trade versus carbon tax; cap-and-trade versus command-and-control; climate change compliance strategies; climate change policy; federal preemption; greenhouse gas; natural gas transmission

Abstract

Various emission reduction strategies are proposed to manage climate change in the U.S. This applied capstone evaluates the most likely policy options considering impacts and benefits to the natural gas transmission sector (NGT). It examines a case-study including a comparison of policy options to recommend the most beneficial program to the NGT sector. Two conclusions of major importance are: a federally preempted cap-and-trade program would be the most cost-effective for the NGT sector and the NGT sector should not be the point of regulation of any climate policy. Recommendations, strategies, and costs for implementation of a compliance plan for a federally preempted cap-and-trade program were developed as a tool for NGT companies as part of this applied capstone project.

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