Date of Defense

4-19-2019

Date of Graduation

4-2019

Department

Political Science

First Advisor

Allen Webb

Second Advisor

Maarten Vonhof

Abstract

Global carbon emissions have increased dramatically in the last several decades endangering life on earth and creating severe climate problems. To limit the detrimental effects of climate change Florida Representative Ted Duetch proposed the Energy Innovation and Carbon Dividend Act (EICDA) of 2019. This bill would put a fee on the extraction of oil, gas, coal or any greenhouse gas emitting fuel, and return the revenues directly back to U.S citizens.

This thesis reviews the carbon pricing bill using a framework of environmental policy. I first analyze the effects of the bill on individual households and the overall economy. I utilize a study conducted by Kevin Ummel, of the International Institute for Applied Systems Analysis using price indexing and behavioral economics. This thesis offers a broad discussion on the advantages and disadvantages of the bill including renewable energy infrastructure, regulation limitations, and fee exemptions. Lastly, I review the viability and sustainability of the legislation through the political adoption, policy launch, and electoral transition phases of implementation.

Access Setting

Honors Thesis-Restricted

Restricted to Campus until

6-11-2021

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