The Congressional Budget Office has several policy briefs on the impacts of tradable emissions permits.
Supplemental Information About Trade-Offs in Allocating Allowances for CO2 Emissions
July 9, 2007
Trade-Offs in Allocating Allowances for CO2 Emissions
April 25, 2007
Limiting Carbon Dioxide Emissions: Prices Versus Caps
March 15, 2005
CBO's Comments on the White Paper "Design Elements of a Mandatory Market-Based Greenhouse Gas Regulatory System"
March 13, 2006
Issues in the Design of a Cap-and-Trade Program for Carbon Emissions
November 25, 2003
Shifting the Cost Burden of a Carbon Cap-and-Trade Program
An Evaluation of Cap-and-Trade Programs for Reducing U.S. Carbon Emissions
Who Gains and Who Pays Under Carbon-Allowance Trading?