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This report, prepared for the Pew Center on Global Climate Change, investigates policy and technology choices in the electric power sector that can lower carbon dioxide and other air emissions, while maintaining or improving economic growth. Policy options presented are (1) including the costs of electricity delivery in new capacity investment decisions, (2) increasing privatization of the electricity sector, (3) using low-emissions technologies (such as natural gas and renewables), (4) participating in international mechanisms or markets to find financing for capital-intensive, lower-CO2-emitting technologies; and (5) creating incentives to improve the efficiency of the existing electricity system. The findings were based on an aggregated analysis; case studies examining power generation in Argentina, Brazil, China, India, and the Republic of Korea are forthcoming.

This report is part of the RAND Corporation monograph report series. The monograph/report was a product of the RAND Corporation from 1993 to 2003. RAND monograph/reports presented major research findings that addressed the challenges facing the public and private sectors. They included executive summaries, technical documentation, and synthesis pieces.

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