Soft and hard price collars in a cap-and-trade system: A comparative analysis

Journal of Environmental Economics and Management

Volumn 64, Issue 2, 2012, Pages 183-198

  Fell, Harrison ^a,b   Burtraw, Dallas ^b   Morgenstern, Richard D ^b   Palmer, Karen L ^b  

^a Department of Geology and Geological Engineering   (United States)

^b RESOURCES FOR THE FUTURE   (United States)

Author keywords

Cap and trade; Climate change; Price collars; Stochastic dynamic programming

Indexed keywords

CAP-AND-TRADE; COMPARATIVE ANALYSIS; COMPLIANCE COSTS; EMISSION ALLOWANCES; EXPECTED COSTS; NET PRESENT VALUE; OUT-OF-CONTROL; PRICE COLLARS; STOCHASTIC DYNAMIC PROGRAMMING; STOCHASTIC DYNAMICS;

CEILINGS; CLIMATE CHANGE; COMMERCE; FLOORS;

COSTS;

BASELINE CONDITIONS; CLIMATE CHANGE; COMPARATIVE STUDY; MARKET CONDITIONS; POLLUTION TAX; STOCHASTICITY; UNCERTAINTY ANALYSIS;

EID: 84865188987     PISSN: 00950696     EISSN: 10960449     Source Type: Journal    
DOI: 10.1016/j.jeem.2011.11.004     Document Type: Article

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