Browsing BI Research Centre's Series by Subject "fiscal incentive"
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The Fiscal Incentive of GHG Cap and Trade: Permits May Be Too Cheap and Developed Countries May Abate Too Little
(CAMP Working Papers Series;9/2014, Working paper, 2014)The theoretical justification for a greenhouse gas (GHG) cap and trade system is that participants will trade emission permits until their marginal cost of abatement equals the equilibrium price of emission permits. However, ...