%0 Generic %D 2008 %T Free Greenhouse Gas Cuts: Too Good to Be True? %A Robert N. Stavins %A Jaffe, Judson %A Schatzki, Todd %X The possibility of “no cost” emission reductions has been raised by research on California’s Global Warming Solutions Act of 2006. Here is a more sober assessment. Overly optimistic findings leave policymakers with inadequate appreciation of the stakes, and provide little insight into the relative cost of policy design alternatives. %B VoxEU.org %8 jan %G eng %U http://www.voxeu.org/article/free-greenhouse-gas-cuts-too-good-be-true