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Direct and market effects of enforcing emissions trading programs: An experimental analysis

✍ Scribed by James J. Murphy; John K. Stranlund


Book ID
116635133
Publisher
Elsevier Science
Year
2006
Tongue
English
Weight
166 KB
Volume
61
Category
Article
ISSN
0167-2681

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Two important decisions in designing markets for tradable emissions permits are whether to allow banking and whether to allow trading in entitlements to future permits. Recent experiments suggest that banking will be particularly important when uncertainty about actual emissions requires trading in