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systems, called hybrid output-based allocation (OBA). We demonstrate that unlike many of the allocation methods currently … alternatives to produce cement; and finally it reduces excess allocation and reduces incentives to inflate production volumes to …
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We consider an international emissions trading scheme with partial sectoral and regional coverage. Sectoral and regional expansion of the trading scheme is beneficial in aggregate, but not necessarily for individual countries. We simulate international CO2 emission quota markets using marginal...
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Political feasibility of emission trading systems may crucially depend on the free initial allocation of emission … potential trade-off between such compensation and economic efficiency for alternative allocation rules where emission allowances … is. Whenever the permit price can be considered exogenous to firms or industries, the output-based allocation rule is …
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