Erdmann, Katharina; Zaklan, Aleksandar; Kemfert, Claudia - In: Vierteljahrshefte zur Wirtschaftsforschung 88 (2019) 2, pp. 89-100
Linking of two or more cap-and-trade systems promises gains in cost effectiveness and signals a strong commitment to carbon policy. Linking is also seen as one possible way of converging from regional climate policy initiatives toward a global climate policy architecture. Moreover, linking may...
