Which is better: carbon tax or cap-and-trade? Read more
cap-and-trade
Working Paper 99 Abstract Greenhouse gas emission limits are a major source of technical and policy uncertainty for electric power... Read more
Abstract Greenhouse gas emission limits are a major source of technical and policy uncertainty for electric power industry professionals. This... Read more
Working Paper 49 Abstract Cap-and-trade systems for greenhouse gas emissions are an important part of the climate change policies of... Read more
Abstract Cap-and-trade systems for greenhouse gas emissions are an important part of the climate change policies of the EU, Japan,... Read more
Working Paper 41 Abstract This paper examines the investment strategies of regulated companies in abatement technologies, market participants’ trading behaviours,... Read more
Abstract This paper examines the key design mechanisms of existing and proposed cap-and-trade markets. First, it is shown that the... Read more
Working Paper 26 Abstract We examine the key design mechanisms of existing and proposed cap-and-trade markets. First, it is shown... Read more
Abstract This paper analyses the design of carbon markets in time (i.e., intertemporally). It is part of a twin set... Read more
Abstract Environmental policy is made in a context of both market failure and government failure. On the one hand, leaving... Read more