Voluntary agreements with emission tradi
β
Albrecht, Johan ;FranΓ§ois, Delphine
π
Article
π
2001
π
John Wiley and Sons
π
English
β 204 KB
## Abstract Recent political and corporate initiatives indicate that voluntary agreements and emission trading will play a crucial role in climate policy. We show that when emission trading is integrated as an option in voluntary agreement contracts, the overall efficiency of the use of flexible cl