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The value relevance of greenhouse gas emissions allowances : an exploratory study in the related United States SO2 market
Johnston, Derek M.; Sefcik, Stephan E.; Soderstrom, … - In: European accounting review 17 (2008) 4, pp. 747-764
Persistent link: https://www.econbiz.de/10003793608
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The US acid rain control allowance trading system
Kete, Nancy - In: Climate change : designing a tradeable permit system, (pp. 78-108). 1992
Persistent link: https://www.econbiz.de/10001281765
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L' expérience américaine des permis négociables
Godard, Olivier - In: International economics : a journal published by CEPII … (2000) 2, pp. 13-43
Persistent link: https://www.econbiz.de/10001525793
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On the bundling of coal and sulfur dioxide emissions allowances
Doucet, Joseph A. - In: Energy policy 22 (1994) 9, pp. 764-770
Persistent link: https://www.econbiz.de/10001172867
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Erfolgsbedingungen von Zertifikatelösungen in der Umweltpolitik : am Beispiel der Novelle des US-Clean Air Act von 1990
Hansjürgens, Bernd - In: Zeitschrift für Umweltpolitik & Umweltrecht : ZfU ; … 17 (1994) 4, pp. 473-505
Persistent link: https://www.econbiz.de/10001173809
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The Clean Air Act's sulfur dioxide emissions market : estimating the costs of regulatory and legislative intervention
Winebrake, James Joseph - In: Resource and energy economics 17 (1995) 3, pp. 239-260
Persistent link: https://www.econbiz.de/10001190311
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The SO2 emissions trading program : cost savings without allowance trades
Burtraw, Dallas - In: Contemporary economic policy : a journal of Western … 14 (1996) 2, pp. 79-94
Persistent link: https://www.econbiz.de/10001201503
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The US allowance trading system for sulfur dioxide : an update on market experience
Rico, Renee - In: Environmental & resource economics : the official … 5 (1995) 2, pp. 115-129
Persistent link: https://www.econbiz.de/10001333063
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Evaluating conflict and its consequences in environmental policy : a look at marketable emissions permit systems
Winebrake, James Joseph - 1994
Persistent link: https://www.econbiz.de/10000916540
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The Value Relevance of Greenhouse Gas Emissions Allowances : An Exploratory Study in the Related United States SO2 Market
Johnston, Derek; Sefcik, Stephan; Soderstrom, Naomi S. - 2014
This paper examines the valuation implications of greenhouse gas (GHG) emissions allowances. We posit that the value of a firm's bank of emission allowances has two components that are likely to be positively valued by the capital market: 1) an asset value component; and 2) a real option value...
Persistent link: https://www.econbiz.de/10014215049