Welfare Gains under Tradeable CO₂ Permits

Most environmentalists favor the reduction in CO2 emissions but oppose international trade in emissions permits Although economic theory provides a strong case in favor of trade in permits) there is little empirical evidence of the size of potential benefits. We estimate the benefits of this trade for OECD countries.


Issue Date:
1999
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/6254
Total Pages:
24
JEL Codes:
F17; Q28; Q43
Series Statement:
CUDARE Working Paper
897




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

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