Things tagged 'cap and trade'
Just as scientists almost universally agree greenhouse gases contribute to the planet’s changing climate, economists almost universally agree the problem [...]
This paper examines the impact of an emissions trading scheme (ETS) on equilibrium emissions, output, price, market concentration, and profits [...]
Environmental policy is made in a context of both market failure and government failure. On the one hand, leaving environmental [...]
European governments should auction most of the permits in the Union’s carbon dioxide emissions trading scheme, according to research by Oxford academics, writes Scheherazade Daneshkhu. A study co-authored by Robert Ritz of Nuffield College, to be presented to the Royal Economic Society’s annual conference next week, said the plan to auction up to 10 per […]