A December 2004 report by the National Commission on Energy Policy outlined a plan to implement a nationwide, economy-wide emissions allowance trading program governing the generation of carbon dioxide. This report models such an emissions trading program using system dynamics to verify the feasibility of the NCEP's plan. The model created indicates that such a program, properly managed, can control emissions and encourage green energy use without restricting economic growth. However, careful management is required to balance economic growth with the development and implementation of alternative, low-polluting energy sources.

• This report represents the work of one or more WPI undergraduate students submitted to the faculty as evidence of completion of a degree requirement. WPI routinely publishes these reports on its website without editorial or peer review.

Creator

• Johnson, Benjamin R.

Publisher

• Worcester Polytechnic Institute

Identifier

• 06D440M

Advisor

• Kazantzis, Nikolaos K.
• Saeed, Khalid

Year

• 2006

Date created

• 2006-01-01

Resource type

• Major Qualifying Project

Major

• Chemical Engineering

Rights statement

• In Copyright