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used to investigate how a newly proposed permit trading scheme in Taiwan, which incorporates the features of banking and a … equivalent to US # 9.87 million. The design of banking and the increasing returns to scale characteristic of pollution control … among firms might lead to an uneven reduction in emissions in each year. Setting a lower reservation rate for banking would …
Persistent link: https://www.econbiz.de/10009398481
This article assesses the effects of banking on tradable emission permit markets and, in particular, the role of … uncertainty in permit markets that allow banking. In such markets, current and future spot trade markets are linked: An increase …
Persistent link: https://www.econbiz.de/10010949596
nationwide market for trading and banking sulphur dioxide (SO2) emission allowances. We first develop a model of efficient … banking and select appropriate parameter values. Then we use aggregate data from the first seven years of the Acid Rain … Program to access the temporal efficiency of the observed banking behaviour. We find that banking has been surprisingly …
Persistent link: https://www.econbiz.de/10005783714
Persistent link: https://www.econbiz.de/10001077389
Cities are engrossed with response strategies for the control of local pollution from transport sector. However, as the transport sector has been growing as major GHG contributor, and there is an increasing scope for investment and support from the international financial institutions, cities...
Persistent link: https://www.econbiz.de/10009365191
Cities are engrossed with response strategies for the control of local pollution from transport sector. However, as the transport sector has been growing as major GHG contributor, and there is an increasing scope for investment and support from the international financial institutions, cities...
Persistent link: https://www.econbiz.de/10005537290
Theoretical arguments imply that an inverted U-shaped relationship may be quite plausible. It is still not clear from the empirical literature whether the relationship of income and environmental degradation is linear or inverted U-shaped. This paper utilises a more global representative sample,...
Persistent link: https://www.econbiz.de/10005553016
Theoretical arguments imply that an inverted U-shaped relationship may be quite plausible. It is still not clear from the empirical literature whether the relationship of income and environmental degradation is linear or inverted U-shaped. This paper utilises a more global representative sample,...
Persistent link: https://www.econbiz.de/10008461311
A common side effect of cross-linked global economies is that well-positioned middle class companies are acquired by institutional investors, which formulate unreasonable return expectations in many cases. As a consequence, the resulting payouts are often not in line with business operations so...
Persistent link: https://www.econbiz.de/10011818088
Persistent link: https://www.econbiz.de/10011341398