Complying with the Kyoto Protocol under Uncertainty: Taxes or Tradable Permits?
نویسندگان
چکیده
منابع مشابه
Complying with the Kyoto Protocol under Uncertainty: Taxes or Tradable Permits?
The Kyoto Protocol on climate change allocates tradable quotas to developed countries, but let them free to choose the means to respect their quota. There are good reasons for a country not to control its firms through internationally tradable permits. We thus compare a tax and purely domestic tradable permits, for the European Union, the U.S and Japan. Information on abatement costs and intern...
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Introduction It is easy to understand the opposition to liberalized trade in established markets: Domestic producers loose from increased foreign competition. It is harder to understand the opposition to creating markets, including international markets, where they currently do not exist. Many economists and policymakers have proposed establishing tradable carbon permits to decrease the cost of...
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In this paper we examine an alternative policy scenario, where governments allow polluting rms to trade permits in a strategic environmental policy model. We demonstrate, among other things, that with no market power in the permits market, governments of the exporting rms do not have an incentive to under-regulate pollution in order to become more competitive. This strategic e¤ect is reversed...
متن کاملTradable Permits vs Ecological Dumping
In this paper we examine an alternative policy scenario, where governments allow polluting rms to trade permits in a strategic environmental policy model. We demonstrate, among other things, that with no market power in the permits market, governments of the exporting rms do not have an incentive to under-regulate pollution in order to become more competitive. This strategic e¤ect is reversed...
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This paper analyzes polluters’ incentives to move from a traditional command and control (CAC) environmental regulatory regime to a tradable permits (TPP) regime. Existing work in environmental economics does not model how firms contest and bargain over actual regulatory implementation in CAC regimes, and therefore fail to compare TPP regimes with any CAC regime that is actually observed. This ...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2002
ISSN: 1556-5068
DOI: 10.2139/ssrn.334982