Allocation of CO(2) emissions permits: A general equilibrium analysis of policy instruments

What are the effects of different ways of allocating CO2 emissions permits under a tradable permit scheme? Numerical simulations show that using the permit revenue to lower existing taxes implies by far the lowest welfare cost but also a large reduction in employment in energy-intensive sectors and...

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Veröffentlicht in:	Journal of environmental economics and management 2000-09, Vol.40 (2), p.111-136
Hauptverfasser:	Jensen, Jesper, Rasmussen, Tobias N
Format:	Artikel
Sprache:	eng
Schlagworte:	Carbon dioxide Climate change Economic models Emissions trading Grandfather provisions Stranded investment Studies
Online-Zugang:	Volltext
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