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Tell the truth or not? : the Montero mechanism for emissions control at work
Requate, Tilman; Camacho-Cuena, Eva; Ch'ng, Kean Siang; … - 2019
We experimentally test the truth-telling mechanism proposed by Montero (2008) for eliciting firms' abatement costs. We compare this mechanism with two well-known alternative allocation mechanisms, free and costly allocation of permits at the Pigouvian price. Controlling for the number of firms...
Persistent link: https://www.econbiz.de/10012112503
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Tell the truth or not? : the Montero mechanism for emissions control at work
Requate, Tilman; Camacho-Cuena, Eva; Ch'ng, Kean Siang; … - 2018
We experimentally test the truth-telling mechanism proposed by Montero (2008) for eliciting firms' abatement costs. We compare this mechanism with two well-known alternative allocation mechanisms, grandfathering and pure auctioning. We conducted 27 treatments with a total of 623 participants,...
Persistent link: https://www.econbiz.de/10011787201
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Impacts of Alternative Emissions Allowance Allocation Methods Under a Federal Cap-and-Trade Program
Goulder, Lawrence H.; Hafstead, Marc A. C.; Dworsky, Michael - 2009
whatever auction revenues are collected? This paper employs a dynamic general equilibrium model of the U.S. economy to address … indicate that profit preservation is consistent with substantial use of auctioning and the generation of considerable auction … allowances are freely allocated and no auction revenue is generated. On the other hand, when the auction proceeds are returned to …
Persistent link: https://www.econbiz.de/10014204785
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Integration of the global carbon markets
Mizrach, Bruce Marshall - In: Energy economics 34 (2012) 1, pp. 335-349
Persistent link: https://www.econbiz.de/10009618827
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Optimal discounts in Green Public Procurement
Chiappinelli, Olga; Seres, Gyula - 2021
-friendly technologies to foster their use. We assume that, before the auction, firms may switch to green technology via a publicly …
Persistent link: https://www.econbiz.de/10012671868
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The politics of market linkage : linking domestic climate policies with international political economy
Green, Jessica F.; Sterner, Thomas; Wagner, Gernot - 2014
After twenty years of global negotiations, the world is still far from a comprehensive climate agreement. The "top-down" approach embodied by the Kyoto Protocol has all but stalled, chiefly due to disagreements over levels of ambition and objections to financial transfers. To avoid those...
Persistent link: https://www.econbiz.de/10010373734
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Copenhagen and beyond : reflections on China's stance and responses
Zhang, ZhongXiang - 2010 - This version: March 2010
China had been singled out by Western politicians and media for dragging its feet on international climate negotiations at Copenhagen, the accusations previously always targeted on the U.S. To put such a criticism into perspective, this paper provides some reflections on China's stance and...
Persistent link: https://www.econbiz.de/10008732053
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Did the Japanese patient follow the doctor's orders? : mostly no! ; a public choice analysis of greenhouse gas emissions trading schemes in Japan before and after the earthquake
Rudolph, Sven; Schneider, Friedrich - 2011
The Great Tôhoku-Earthquake and the following nuclear meltdown in Fukushima called the world's attention to Japans' energy and climate policy. Japan is one of the biggest emitters of greenhouses gases in the world and still far away from reaching its Kyoto target. Emissions trading systems have...
Persistent link: https://www.econbiz.de/10009375686
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Using the market to address climate change : insights from theory and experience
Aldy, Joseph E.; Stavins, Robert N. - 2011
Emissions of greenhouse gases linked with global climate change are affected by diverse aspects of economic activity, including individual consumption, business investment, and government spending. An effective climate policy will have to modify the decision calculus for these activities in the...
Persistent link: https://www.econbiz.de/10009310299
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Carbon emissions trading in China : the evolution from pilots to a nationwide scheme
Zhang, ZhongXiang - 2015
The Chinese central government has approved the seven pilot carbon trading schemes. These seven pilot regions are deliberately selected to be at varying stages of development and are given considerable leeway to design their own schemes. These pilot trading schemes have features in common, but...
Persistent link: https://www.econbiz.de/10010513963