On National and International Trade in Greenhouse Gas Emission Permits
نویسندگان
چکیده
منابع مشابه
Unilateral regulation of bilateral trade in greenhouse gas emission permits
This paper considers the coordination of domestic markets for tradable emission permits where countries determine their own emission reduction targets, using a two-country model. Linking such schemes is beneficial to both countries but may cause the exporting country to decrease its emission reduction target and export more permits. This in turn would not only reduce the costs for both countrie...
متن کاملInternational Negotiations for Reducing Greenhouse Gases with Emission Permits Trading∗
We build a three-stage game model of international negotiations on regulation of global emissions of greenhouse gases, and examine the Pareto optimality of an equilibirium allocation. First, we derive the condition for Pareto optimal allocations, which is an extension of the celebrated Samuelson condition. Next, we show that although production efficiency of a final allocation is always met at ...
متن کاملCoalition Formation and International Trade in Greenhouse Gas Emissions
The success of any international climate change agreement depends on abatement targets and the incentives for countries to participate. International emissions trading is frequently cited in the policy literature as a means to making headway on both issues. With trading, more stringent targets become less costly, and agreements can be profitable for the developing world by allowing them to capt...
متن کاملAuctioning greenhouse gas emissions permits in Australia*
The allocation of permits is an important design aspect of an emissions trading scheme. Traditionally, governments have favoured the free allocation of greenhouse gas permits based on individual historical emissions (‘grandfathering’) or industry benchmark data. Particularly in the European Union (EU), the free allocation of permits has proven complex and inefficient and the distributional impl...
متن کاملGreenhouse Gas Emissions Trading: Allocation of Permits
Foreword The Australian Greenhouse Office commissioned The Allen Consulting Group to consult with industry and other stakeholders and provide independent advice on permit allocation options under a possible national emissions trading system. This report represents The Allen Consulting Group's findings. The Australian Greenhouse Office is releasing this report in the interest of informing and pr...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2002
ISSN: 1556-5068
DOI: 10.2139/ssrn.315739