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CARBON POLICY

Energy Forum releases major study

The Baker Institute Energy Forum examines the U.S. energy market consequences of potential greenhouse gas emissions regulations under a wide range of scenarios, including the adoption of a national carbon management initiative as well as a continuation of the current trend towards a piecemeal, subnational, state-by-state policy. Utilizing its world gas trade model, we investigate how different carbon management schemes will influence natural gas supply and pricing in the United States and overall development trends in the North American energy market. The model determines the patterns of upstream and midstream investments that satisfy a required rate of return while also meeting demand.