Rentz, Henning - In: Vierteljahrshefte zur Wirtschaftsforschung / Quarterly … 76 (2007) 1, pp. 140-151
Emissions trading will only have the desired effect if the CO2 price signal, in line with the market, leads to changes in supply and demand behavior in an economy. The associated price effects are - although possibly undesired in a specific business case - systemic and must continue to apply....