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Price controls and banking in emissions trading: An experimental evaluation

✍ Scribed by Stranlund, John K.; Murphy, James J.; Spraggon, John M.

Book ID
122280669
Publisher
Elsevier Science
Year
2014
Tongue
English
Weight
655 KB
Volume
68
Category
Article
ISSN
0095-0696

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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