Reducing Unnecessary and Costly Red Tape through Smarter Regulations

Michael Greenstone, the 3M Professor of Environmental Economics at MIT

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Regulations only a first step in cutting emissions

Regulations only a first step in cutting emissions

MIT study finds that sectoral regulations will not cut emissions enough to substantially limit climate change, but are a good step toward phasing in a price on carbon.

July 29, 2014Read more

01:33:43

Michael Greenstone, the 3M Professor of Environmental Economics at MIT, appears before the United States Congress Joint Economic Committee. His testimony begins at 32:35. Read his prepared remarks here.