Results 11 to 20 of about 145,602 (337)
Emissions Trading: ERCs or Allowances? [PDF]
Land Economics, 2001 Emissions trading takes place from two alternative baselines: 1) emission reduction credits (ERCs) in which the baseline is existing regulations which are often activity-based; or 2) cap-and-trade which specifies the total allowable emissions. This paper examines the effects of these two tradable permit systems on marginal and average costs for the ...
Donald N. Dewees
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Emissions trading with transaction costs [PDF]
Journal of Environmental Economics and Management, 2021 We develop an equilibrium model of emissions permit trading in the presence of fixed and proportional trading costs in which the permit price and firms' participation in and extent of trading are endogenously determined. We analyze the sensitivity of the equilibrium to changes in the trading costs and firms' allocations, and characterize situations ...
Marc Baudry +3 more
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A Safety Valve for Emissions Trading [PDF]
SSRN Electronic Journal, 2009 This paper considers the optimal design of an emissions trading program that includes a safety valve tax that allows pollution sources to escape the emissions cap imposed by the aggregate supply of emissions permits.
John Stranlund
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The impacts of emissions trading on world economies: Contemplation of baseline emissions paths and a ceiling on emissions trading [PDF]
SSRN Electronic Journal, 2000 This paper illustrates different scenarios of implementing an emissions trading scheme and investigates the economic implications of diverse baseline development paths and an additional limitation or ceiling on emissions trading.
Kemfert, Claudia
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Game analysis on constructing the model of an international carbon emissions trading model
Chinese Journal of Population, Resources and Environment, 2021 : Constructing a model for international carbon emissions trading is an effective method to curb global warming through a market mechanism. Although the international carbon emissions market generates substantial profits, the relevant trading mechanism ...
Ming Ji
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IS EMISSION TRADING BENEFICIAL?* [PDF]
Japanese Economic Review, 2012 We develop a two-country (North and South), two-good, general equilibrium model of international trade in goods and explore the effects of domestic and international emission trading under free trade in goods. Whereas domestic emission trading in the North may result in carbon leakage by expanding the South’s production of the emission-intensive good ...
Ishikawa, Jota +2 more
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Frontiers in Environmental Science, 2022 The creation of carbon emissions trading markets is a core policy for realizing China’s twin objectives of reaching a peak in CO2 emissions before 2030 and achieving carbon neutrality by 2060.
Rui Feng +3 more
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Simulation research on carbon emissions trading based on blockchain
Journal of Environmental Engineering and Landscape Management, 2022 Global warming caused by greenhouse gases is one of the problems that need to be solved urgently. Blockchain technology can achieve automatic quota certification and settlement, providing a new direction for carbon emissions trading.
Qing Zhou, Qi Zhang
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Price floors for emissions trading [PDF]
Energy Policy, 2010 Price floors in greenhouse gas emissions trading schemes can guarantee minimum abatement efforts if prices are lower than expected, and they can help manage cost uncertainty, possibly as complements to price ceilings. Provisions for price floors are found in several recent legislative proposals for emissions trading.
Wood, Peter J, Jotzo, Frank
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Monetary emissions trading mechanisms [PDF]
International Journal of Economic Theory, 2016 AbstractTrade in permits has been proposed, and in some cases implemented, as a tool to reduce pollution. We use a dynamic framework from monetary theory to model permits. We derive properties of optimal permits trading mechanisms under private information concerning the firms’ tendency to pollute.
Cyril Monnet, Ted Temzelides
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