How to fix the inefficiency of global cap and trade

Economists' Voice

Volumn 9, Issue 1, 2012, Pages

  Cramton, Peter ^a   Stoft, Steven ^b  

^a UNIVERSITY OF MARYLAND   (United States)

^b Global Energy Policy Center   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84879477579     PISSN: None     EISSN: 15533832     Source Type: Journal    
DOI: 10.1515/1553-3832.1787     Document Type: Article

References (7)

1. Cooper, Richard N. (2008) "The Case for Charges on Greenhouse Gas Emissions," The Harvard Project on International Climate Agreements, Discussion Paper 08-10.
2. Cramton, Peter and Steven Stoft (2010) "Price Is a Better Climate Commitment," The Economists' Voice, 7:1. Available at: http://www. degruyter.com/view/j/ev.2010.7.1/ev.2010.7.1.1718/ev.2010.7.1.1718.xml
3. ?Cramton, Peter and Steven Stoft (2012) "Global Climate Games: How Pricing and a Green Fund Foster Cooperation," Economics of Energy & Environmental Policy, 1:2. Available at: www.iaee.org/en/publications/ eeepjournal.aspx and www.global-energy.org/lib/11-01.
4. Godal, Odd and Bjart J. Holtsmark (2011) "Permit Trading: Merely an Efficiency-Neutral Redistribution Away from Climate Change Victims?" Scandinavian Journal of Economics, 113: 784-797.
5. Helm, Carsten (2003) "International Emissions Trading with Endogenous Allowance Choices," Journal of Public Economics, 87: 2737-2747. (Pubitemid 37306065)
6. Holtsmark, Bjart J. and Dag Einar Sommervoll (2008) "International Emissions Trading in a Non-cooperative Equilibrium," Discussion Papers 542, Research Department of Statistics Norway.
7. Stoft, Steven (2009) "Flexible Global Carbon Pricing: A Backward-Compatible Upgrade for the Kyoto Protocol," European University Institute Working Paper No. RSCAS 2009/35.