Bushnell, James; Chen, Yihsu; Zaragoza-Watkins, Matthew - In: Energy Policy 64 (2014) C, pp. 313-323
This paper examines the implications of alternative forms of cap-and-trade regulations on the California electricity market. Specific focus is given to the implementation of a downstream form of regulation known as the first-deliverer policy. Under this policy, importers (i.e., first-deliverers)...