An Experimental Economic Analysis of Carbon Trading Options for Australia
AbstractAustralia is currently developing a carbon emissions trading program. The Garnaut report recommendations include options for the allocation of carbon credits, trading schemes, banking and borrowing, and self reporting mechanisms. This paper reports the results of a series of economic experiments in which we explored spot and future markets given high and low levels of carbon credit reductions. The results provide important insights to the current debate in Australia and highlight the importance of well crafted market design.
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Bibliographic InfoPaper provided by International Association of Agricultural Economists in its series 2009 Conference, August 16-22, 2009, Beijing, China with number 51044.
Date of creation: 2009
Date of revision:
climate change; emissions trading; compliance; Environmental Economics and Policy; Resource /Energy Economics and Policy; Q53; Q54;
Other versions of this item:
- Tisdell, John G. & Grainger, Corinne, 2008. "An Experimental Economic Analysis of Carbon Trading Options for Australia," 2008 Conference, August 28-29, 2008, Nelson, New Zealand 96661, New Zealand Agricultural and Resource Economics Society.
- Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
- Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters
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