Main Types of Marketable Permit Systems

Tomasz Żylicz ()
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Tomasz Żylicz: University of Warsaw

Chapter 5 in Marketable Permits, 2025, pp 27-30 from Springer

Abstract: Abstract Textbooks distinguish two major types of marketable permit systems: (1) absolute limit; and (2) credit systems. The first one is often called cap and trade. Permit trading is common for both of them. Apart from this, they are very different. In what follows the two systems will be characterised.

Date: 2025
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DOI: 10.1007/978-3-032-12133-2_5

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