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First published in 1985, Emissions Trading was a comprehensive review of the first large-scale attempt to use economic incentives in environmental policy in the United States; since its publication it has consistently been one of the most widely cited works in the tradable permits literature....
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The 1997 Kyoto Conference introduced emissions trading as a new policy instrument for climate protection. Bringing … theoretical aspects of regulatory instruments for climate policy, provide an overview of US experience with market … trading in climate policy. They also highlight the background of climate policy and instrument choice in the US and Europe and …
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