Emissions Trading with Offset Markets and Free Quota Allocations

This paper studies interactions between a "policy bloc's" emissions quota market and an offset market where emissions offsets can be purchased from a non-policy "fringe" of countries (such as for the Clean Development Mechanism under the Kyoto Protocol). Policy-bloc firms en...

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Bibliographic Details
Main Authors: Rosendahl, Knut Einar, Strand, Jon
Format: Policy Research Working Paper
Language:en_US
Published: World Bank, Washington, D.C. 2013
Subjects:
CO2
hc
Online Access:http://hdl.handle.net/10986/16344