Markets with tradable CO2 emission quotas: principles and practice

Graciela Chichilnisky () and Geoffrey Heal ()

MPRA Paper from University Library of Munich, Germany

Abstract: This paper reviews a range of issues relating to tradable carbon dioxide quotas. It considers the economic principles on which they are based, compares them with alternative carbon abatement policies, and reviews many aspects of how tradable quotas would be implemented in practice.

Keywords: OECD; environmental economics; global environment; climate change; emissions; international organizations; carbon tax; carbon market; joint implementation; Pigou; Coase; property rights; north-south; market costs; international markets (search for similar items in EconPapers)
JEL-codes: Q5 Q56 H23 (search for similar items in EconPapers)
Date: 1995
View list of references View citations in EconPapers

Downloads: (external link)
http://mpra.ub.uni-muenchen.de/8486/

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:pra:mprapa:8486

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany
Address: Schackstr. 4, D-80539 Munich, Germany
Contact information at EDIRC.
Series data maintained by Ekkehart Schlicht ().