the Climate and Energy Economics Project

To respond to the need for objective and timely climate policy analysis, the Economic Studies program at Brookings developed the Climate and Energy Economics Project, which ran from 1997 to 2021. Our purpose was to develop and promote environmentally sound, economically efficient approaches to reducing human-induced risks to the earth’s climate. We focused on the economics of potential domestic cap-and-trade approaches and how U.S. commitments might play into a global agreement. The Climate and Energy Economics Project (CEEP) was led by co-directors Warwick McKibbin and Pete Wilcoxen, and also included Adele Morris, policy director for CEEP. For more recent related research, please visit the Center on Regulation and Markets and Brookings Initiative on Climate Research and Action.