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Lessons Learned from Three Decades of Experience with Cap-and-Trade

Richard Schmalensee and Robert Stavins

Working Paper Series from Harvard University, John F. Kennedy School of Government

Abstract: This essay provides an overview of the major emissions trading programs of the past thirty years on which significant documentation exists, and draws a number of important lessons for future applications of this environmental policy instrument. References to a larger number of other emissions trading programs that have been implemented or proposed are included.

JEL-codes: Q40 Q48 Q54 Q58 (search for similar items in EconPapers)
Date: 2015-11
New Economics Papers: this item is included in nep-ene, nep-his, nep-reg and nep-res
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (20)

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https://research.hks.harvard.edu/publications/getFile.aspx?Id=1278

Related works:
Journal Article: Lessons Learned from Three Decades of Experience with Cap and Trade (2017) Downloads
Working Paper: Lessons Learned from Three Decades of Experience with Cap-and-Trade (2016) Downloads
Working Paper: Lessons Learned from Three Decades of Experience with Cap-and-Trade (2015) Downloads
Working Paper: Lessons Learned from Three Decades of Experience with Cap-and-Trade (2015) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:ecl:harjfk:15-069

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