@article{Karp:6254, recid = {6254}, author = {Karp, Larry S. and Liu, Xuemei}, title = {Welfare Gains under Tradeable CO₂ Permits}, address = {1999}, number = {1557-2016-133108}, series = {CUDARE Working Paper}, pages = {24}, year = {1999}, abstract = {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.}, url = {http://ageconsearch.umn.edu/record/6254}, doi = {https://doi.org/10.22004/ag.econ.6254}, }