全球智库信息集成服务系统(G2TT): On the Effects of Linking Voluntary Cap-and-Trade Systems for CO2 Emissions

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w25001
来源ID	Working Paper 25001
	On the Effects of Linking Voluntary Cap-and-Trade Systems for CO2 Emissions
	Martin L. Weitzman; Bjart Holtsmark
发表日期	2018-09-10
出版年	2018
语种	英语
摘要	Linkage of cap-and-trade systems is typically advocated by economists on a general analogy with the beneficial linking of free-trade areas and on the specific grounds that linkage will ensure cost effectiveness among the linked jurisdictions. An appropriate and widely accepted specification for the damages of carbon dioxide (CO2) emissions within a relatively short (say 5-10 year) period is that marginal damages for each jurisdiction are constant (although they can differ among jurisdictions). With this defensible assumption, the analysis is significantly clarified and yields simple closed-form expressions for all CO2 permit prices. Some implications for linked and unlinked voluntary CO2 cap-and-trade systems are derived and discussed.
主题	Environmental and Resource Economics ; Environment
URL	https://www.nber.org/papers/w25001
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/582675
推荐引用方式 GB/T 7714	Martin L. Weitzman,Bjart Holtsmark. On the Effects of Linking Voluntary Cap-and-Trade Systems for CO2 Emissions. 2018.