The design of dynamic tradeable quota system under market imperfections
Article Abstract:
A dynamic tradeable quota system's market power with borrowing and banking of quotas directs to a nonoptimal distribution of reduction across agents. Moreover, the quota system may decrease the efficiency loss from market power, thus, resulting in a distribution of reduction across agents that lead to a more or less cost-effective result. Nevertheless, a nonoptimal distribution of abatement across periods will be generally produced from the quota system.
Publication Name: Journal of Environmental Economics and Management
Subject: Environmental services industry
ISSN: 0095-0696
Year: 1998
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Can carbon tax eat OPEC'S rents?
Article Abstract:
The optimal emission tax for a stock pollutant flow is considered when the pollutant flow is also regulated by a resource-exporting cartel. The possibility arises that net benefits at the expense of the cartel can be obtained by the coordination of taxation and the pollution problem.
Publication Name: Journal of Environmental Economics and Management
Subject: Environmental services industry
ISSN: 0095-0696
Year: 2004
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Thin versus thick CO2 market
Article Abstract:
Research is presented concerning the development of a carbon dioxide cap-and-trade model for the investigation of thick and thin carbon dioxide markets. The relationship between trading costs and market size is discussed.
Publication Name: Journal of Environmental Economics and Management
Subject: Environmental services industry
ISSN: 0095-0696
Year: 2001
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