On January 25, 2017, E3 presented supporting research to the Oregon Department of Environmental Quality (DEQ) on the impacts of creating a carbon market in the state. To support DEQ, E3 conducted an extensive literature review of cap-and-trade program design theory and experience in other jurisdictions. E3 completed a preliminary macroeconomic analysis using the IMPLAN model to supplement the literature review, which found the potential magnitudes of impacts to be less than 0.2% of Oregon’s GDP in 2035, consistent with findings from other modeling studies in the literature. The final report to the Oregon legislature was released on February 14. For more information, please see the DEQ website.
