haku: @indexterm markets / yhteensä: 2197
viite: 4 / 2197
Tekijä:Godal, O.
Holtsmark, B.
Otsikko:Permit trading: merely an efficiency-neutral redistribution away from climate-change victims?
Lehti:Scandinavian Journal of Economics
2011 : DEC, VOL. 113:4, p. 784-797
Asiasana:markets
air pollution
trading
environmental policy
climate
Kieli:eng
Tiivistelmä:This article presents a climate-policy game allowing international emissions trading, where governments first opt for their emissions permits amount. These permits are transferred to firms, and then internationally traded on a competitive market. Comparing with a game without trading, it is found that the potential efficiency improvements from permit trading, identified in other studies, are totally undone if governments also put into operation a tax or subsidy on domestic emissions. In this case, the only impact of trading is a redistribution of income making the most affected by climate change worse off.
SCIMA tietueen numero: 275908
lisää koriin
SCIMA