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Principles And Practices For Trading Emission

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  • Piciu, Gabriela Cornelia

    (Centre for Financial and Monetary Research “Victor Slăvescu”, Romanian Academy)

Abstract

After 2000, the topic regarding the emissions trading system was of interest for study and recently for research, as a consequence of the adverse effects which the environmental pollution has on man, economy, society and nature. Lately, a significant part of the environmental protection specialists tried to find an answer to the question "why is the system of trading emissions a key-component of the environmental policy reform?" To answer this question, and to provide a consistent basis of successful evaluation of the environmental reforms, we need to give definitions to some notions regarding the optimal allocations of responsibility control. The underlying theory of cost profitability - the main basis for the current regulations - is developed and used as one of the main ways to measure and evaluate the existing systems

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File URL: ftp://www.ipe.ro/RePEc/vls/vls_pdf/vol15i3p98-108.pdf
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Bibliographic Info

Article provided by Centre of Financial and Monetary Research "Victor Slavescu" in its journal Studii Financiare (Financial Studies).

Volume (Year): 15 (2011)
Issue (Month): 3 ()
Pages: 98-108

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Handle: RePEc:vls:finstu:v:15:y:2011:i:3:p:98-108

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Keywords: emissions trading; profitability; internalization of the externalities;

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  1. M. Qizilbash, 2001. "Sustainable Development: Concepts and Rankings," Journal of Development Studies, Taylor & Francis Journals, vol. 37(3), pages 134-161.
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