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Integrating reduced emissions from deforestation and degradation (REDD) into a post-Kyoto intergovernmental carbon market could significantly decrease global carbon prices and the costs of mitigating climate change. We investigate this impact by simulating the impact of the supply of REDD units...
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permits. In this paper, we examine the effect of this type of environmental regulation on profits. In particular, changes in …
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The paper draws three lessons from a review of the literature. It supports more empirical research. Regulation should …
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regulation in two key ways. First, we use comprehensive data on facility-level NSR permit receipt to examine the differential …
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