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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/2870| Title: | Trading hot air : the influence of permit allocation rules, market power and the US withdrawal from the Kyoto Protocol |
| Keywords: | C68 D58 F18 Q48 ddc:330 ddc:330 emission trading hot air permit allocation market power Kyoto Protocol CGE Model DART Emissionsrechte Klimaschutz Umweltabkommen Allgemeines Gleichgewicht Wirtschaftspolitische Wirkungsanalyse |
| Issue Date: | 16-Oct-2013 |
| Publisher: | Kiel Institute for the World Economy (IfW) Kiel |
| Description: | After the conferences in Bonn and Marrakech it is likely that international emission trading will be realized in the near future. Major influences on the permit market are the institutional detail, the participation structure and the treatment of hot air. Different scenarios do not only differ in their implications for the demand and supply of permits and thus the permit price, but also in their allocative effects. In this paper we discuss likely institutional designs for permit allocation in the hot-air economies and the use of market power and quantify the resulting effects with and without US partieipation by using the computable general equilibrium model DART |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/2870 |
| Other Identifiers: | http://hdl.handle.net/10419/2870 ppn:356927849 ppn:356927849 |
| Appears in Collections: | EconStor |
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