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The Economics of Enforcing Emissions Markets

John Stranlund ()

Review of Environmental Economics and Policy, 2017, vol. 11, issue 2, 227-246

Abstract: This article reviews the economic literature on enforcing emissions permit markets. This literature has produced hypotheses about firms’ compliance choices and permit market outcomes, tests of these hypotheses with economic experiments, and insights about the efficient design of enforcement strategies for emissions markets. The findings of the literature are used to identify lessons concerning enforcement and compliance in international markets that are aimed at controlling greenhouse gases.

JEL-codes: K42 L51 Q58 (search for similar items in EconPapers)
Date: 2017
References: View complete reference list from CitEc
Citations: View citations in EconPapers (15)

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Review of Environmental Economics and Policy is currently edited by Robert Stavins

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