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Modeling the impact of uncertainty in emissions trading markets with bankable permits

✍ Scribed by Yongliang Zhang, Bing Zhang, Jun Bi, Pan He


Book ID
120950535
Publisher
SP Higher Education Press
Year
2012
Tongue
English
Weight
185 KB
Volume
7
Category
Article
ISSN
2095-2201

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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