outputbased rebating, abatement-based rebating, and lump sum rebating. Given the same emission price, intensity-based output …

price and the targeted minimum price. Second, a national auction reserve price would "KILL" allowances by invalidating them … until the ETS price equalled the national minimum price. Third, a government could require domestic overcompliance and "BILL … price. We explore the implications of these policy options on national and ETS-wide carbon prices, revenues from emissions …

price and the targeted minimum price. Second, a national auction reserve price would "KILL" allowances by invalidating them … until the ETS price equalled the national minimum price. Third, a government could require domestic overcompliance and "BILL … price. We explore the implications of these policy options on national and ETS-wide carbon prices, revenues from emissions …