Browsing Centre for Applied Macro- and Petroleum economics (CAMP) by Author "Greaker, Mads"

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The fiscal incentive of GHG cap and trade: Permits may be too cheap and developed countries may abate too little

Andersen, Jørgen Juel; Greaker, Mads (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. ...
The Fiscal Incentive of GHG Cap and Trade: Permits May Be Too Cheap and Developed Countries May Abate Too Little

Andersen, Jørgen Juel; Greaker, Mads (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, ...