IS EMISSION TRADING BENEFICIAL?*
نویسندگان
چکیده
منابع مشابه
Is International Emissions Trading Always Beneficial?
Economic efficiency is a major argument for international emissions trading under the Kyoto Protocol. We show that permit trading can be welfare decreasing for countries, even though private trading parties benefit. The result is a case of "immiserizing" growth in the sense of Bhagwati where the negative terms of trade and tax interaction effects wipe out the gains from trading. Simulation and ...
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متن کاملIs CO2 trading always beneficial? A CGE-model analysis on secondary environmental benefits♦
The paper analyzes the cost-efficiency of trading CO2 emissions by focusing on the overall environmental impacts of active climate policy measures. When reducing CO2 emissions, other emissions, also related to the consumption of fossil fuels, decrease with no additional cost. These secondary benefits must be taken into consideration when analyzing gains from international emissions trading. The...
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ژورنال
عنوان ژورنال: Japanese Economic Review
سال: 2012
ISSN: 1352-4739
DOI: 10.1111/j.1468-5876.2012.00570.x