What have we learned from emissions trad
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R. Andrew Muller; Stuart Mestelman
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Article
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1998
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John Wiley and Sons
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English
⚖ 142 KB
Emissions trading is a form of environmental regulation in which a regulatory body specifies the total allowable discharge of pollutants, divides this cap into individual permits assigned to individual polluters, and allows trading of the resulting permits. Laboratory experiments, in which paid subj