Suppose in an emissions trading system the permits are allocated free of charge to emitters on the

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Suppose in an emissions trading system the permits are allocated free of charge to emitters on the basis of how much they have historically emitted.

Can that allocation be consistent with cost-effectiveness? Does your answer depend at all on whether this allocation scheme was announced well in advance of its implementation?

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Environmental And Natural Resources Economics

ISBN: 9780131392571

9th Edition

Authors: Tom Tietenberg

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Question Posted: Feb 11, 2024 03:00 PM

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Suppose in an emissions trading system the permits are allocated free of charge to emitters on the

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Allowing the allowances to be traded after the allocation occurs is the ...View the full answer

Environmental And Natural Resources Economics

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