Table 28.  Average Projected Annual Losses in Economic Output, 2008-2012

Analysis Case

Value of Lost Output

U.S. Purchase of
International Permits
(Billion 1992 Dollars)

NEMS Valuation
(Billion 1992 Dollars)

DRI Potential GDP Loss
(Billion 1992 Dollars)

1990-3%

57 58 0
1990+9% 25 32 23
1990+24% 4 12 21
Sources: Office of Integrated Analysis and Forecasting, National Energy Modeling System, runs FD24ABV.D080398B, FD09ABV.D080398B, and FD03BLW. D080398B, and simulations of the Data Resources, Inc. (DRI) Macroeconomic Model of the U.S. Economy.