E3-US: A state-level policy assessment tool

E3-US is an innovative new energy-environment-economy model, owned and operated by Cambridge Econometrics. It allows policy makers to assess the impact of policy at either the state or national level, including spillover impacts across states.

The model follows the approach used in the global E3ME model and brings the same key advantages over many other existing tools:

Key economic and social outputs from the model include GDP, employment and unemployment. The model results also include energy consumption and greenhouse gas emissions.

What types of questions can the model help answer?

E3-US addresses questions relating to:

Using the model to explore carbon tax in the U.S.

The model was first applied to explore the impact of a carbon tax on the U.S. economy – the results showed that such a policy could deliver economic benefits under the right conditions. You can read more about the impact of a carbon tax in the USA here.

For more information about E3-US and its applications, please contact Jon Stenning.

Jon Stenning Head of Energy & Environment js@camecon.com