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Agriculture and forestry play an important role in emitting and storing greenhouse gases. For an efficient and cost …-effective climate policy, it is therefore important to include land use, land-use change, and forestry (LULUCF) explicitly in economy …
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After Bonn and Marrakech it is likely that emission trading will be realized in the near future. Major influences on the permit market are the institutional details, the participation structure and the treatment of hot air. Different scenarios do not only differ in their implications for the...
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