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Long-Run Equilibrium Modeling of Alternative Emissions Allowance Allocation Systems in Electric Power Markets

Jinye Z. Schulkin (), Benjamin F Hobbs and Jong-Shi Pang
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Jinye Z. Schulkin: Department of Mathematical Sciences, Rensselaer Polytechnic Institute, Troy, New York Department of Mathematical Sciences, Rensselaer Polytechnic Institute, Troy, New York
Benjamin F Hobbs: Department of Geography & Environmental Engineering and Department of Applied Mathematics & Statistics, The Johns Hopkins University, Baltimore, U.S.A
Jong-Shi Pang: Department of Industrial and Enterprise Systems Engineering, University of Illinois at Urbana-Champaign, IL, USA

No EPRG 0719, Working Papers from Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge

Keywords: Emissions trading; allowance allocations; electricity; air pollution; auction; grandfathering; cost-effectiveness; greenhouse gases; climate change; global warming; carbon dioxide; generation investment. (search for similar items in EconPapers)
JEL-codes: C61 L94 Q4 Q53 (search for similar items in EconPapers)
Date: 2007-09
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