The Effect on Asset Values of the Allocation of Carbon Dioxide Emission Allowances

Paradoxically, owners of existing generation assets may be better off paying for carbon dioxide emission allowances than having them distributed for free. This analysis shows that it takes just 7.5% of the revenue raised under an auction to preserve the asset values of existing generators.


Issue Date:
2002
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/10705
Total Pages:
23
JEL Codes:
Q2; Q25; Q4; L94
Series Statement:
Discussion Paper 02-15




 Record created 2017-04-01, last modified 2017-08-23

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