Combining rate-based and cap-and-trade emissions policies

Combining rate-based and cap-and-trade emissions policies

Rate-based emissions policies (like tradable performance standards, TPS) fix average emissions intensity, while cap-and-trade (CAT) policies fix total emissions. This paper shows that unfettered trade between rate-based and cap-and-trade programs always raises combined emissions, except when product markets are related in particular ways. Gains from trade are fully passed on to consumers in the...

Cap-and-Trade, Emissions Taxes, and Innovation

Emissions taxes and carbon caps can both lead to e cient production of energy, in the sense of controlling carbon emissions to the extent that is e cient with existing technologies. However, the regulatory policy has a second objective, which is to create incentives to develop lower-carbon technologies. With both objectives in mind, does one policy dominate the other? I address this question in...

Allocating Emissions Allowances - Under California's Cap-and-Trade Program

pulp cap and pulp response

چکیده ندارد.

Sustainable Trade Credit and Replenishment Policies under the Cap-And-Trade and Carbon Tax Regulations

The paper considers the sustainable trade credit and inventory policies with demand related to credit period and the environmental sensitivity of consumers under the carbon cap-and-trade and carbon tax regulations. First, the decision models are constructed under three cases: without regulation, carbon cap-and-trade regulation, and carbon tax regulation. The optimal solutions of the retailer in...