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| Author: | Pennings, J. Meulenberg, T. Heijman, W. |
| Title: | Environmental rights on the future markets |
| Journal: | Environmental and Resource Economics
1996 : JAN, VOL. 7:1, p. 79:94 |
| Index terms: | FUTURES MARKETS ENVIRONMENT RIGHTS ISSUES |
| Language: | eng |
| Abstract: | A study was carried out to analyze futures markets for tradeable rights after a crash market was initiated. Furthermore, some indication was given on the size of such a futures market to provide insight into its viability. Futures markets can play a role in solving environmental problems. This paper investigated the possibility of introducing a futures markets for tradeable P2O5 rights and the commodity manure. Because there is already a cash market for manure, although not well developed yet, and there will be a cash market for P2O5 rights, a futures market is a logical sequel. |
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