control policy is imperfect designed or implemented, its performance can be improved by an energy (output) tax/subsidy scheme …, where the subsidy is given only to renewable generators or for energy efficiency improvements. This combination can bring … needs to be applied globally to have its best effect and heterogeneous implementation (i.e. different levels of tax/subsidy …

same good with a technology that employs a polluting input and a clean technology. The second-best tax and subsidy are … output but does not affect the total output. On the other hand, the subsidy leads to the monopoly to reduce the dirty output … subsidy is used provided that the marginal cost of clean output is not very high, as a linear-quadratic specification of the …

After twenty years of global negotiations, the world is still far from a comprehensive climate agreement. The "top …

level the carbon playing field and could have potential conflicts with World Trade Organization (WTO) provisions and … Adjustments ; Grandfathering ; Output-Based Allocation ; World Trade Organization …

producers face disciplines under World Trade Organization agreements, without exceptions for environmental purposes. Now green …