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Markets for Tradeable CO2 Emission Quotas Principles and Practice

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  • Graciela Chichilnisky
  • Geoffrey Heal

Abstract

This paper reviews a range of issues relating to tradeable carbon dioxide quotas. It considers the economic principles on which they are based, compares them with alternative carbon abatement policies, and reviews many aspects of how tradeable quotas would be implemented in practice ... Cette étude passe en revue un certain nombre de problèmes en relation avec un système de contingents négociables de dioxyde de carbone. Sont pris en considération, les principes économiques sur lesquels un tel système peut se fonder, la comparaison avec d'autres instruments de réduction des émissions de carbone et les aspects de mise en oeuvre pratique des contingents négociables ...

Suggested Citation

  • Graciela Chichilnisky & Geoffrey Heal, 1995. "Markets for Tradeable CO2 Emission Quotas Principles and Practice," OECD Economics Department Working Papers 153, OECD Publishing.
    • Handle: RePEc:oec:ecoaaa:153-en
    DOI: 10.1787/555457407820
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    Cited by:

    1. Chau, Nancy H. & Qin, Yu & Zhang, Weiwen, 2015. "Networked Leaders in the Shadow of the Market – A Chinese Experiment in Allocating Land Conversion Rights," Working Papers 250022, Cornell University, Department of Applied Economics and Management.
    2. Chichilnisky, Graciela & Hammond, Peter J., 2016. "The Kyoto Protocol and Beyond: Pareto Improvements to Policies that Mitigate Climate Change," CAGE Online Working Paper Series 287, Competitive Advantage in the Global Economy (CAGE).
    3. Ángel M. Prieto & José L. Zofío, 2004. "Stock splits: Modelización de la gestión ambiental preventiva mediante estándares," Investigaciones Economicas, Fundación SEPI, vol. 28(1), pages 43-66, January.
    4. Chau, Nancy H. & Qin, Yu & Zhang, Weiwen, 2016. "Leader Networks and Transaction Costs: A Chinese Experiment in Interjurisdictional Contracting," IZA Discussion Papers 9641, Institute of Labor Economics (IZA).
    5. Christian Flachsland & Robert Marschinski & Ottmar Edenhofer, 2009. "To link or not to link: benefits and disadvantages of linking cap-and-trade systems," Climate Policy, Taylor & Francis Journals, vol. 9(4), pages 358-372, July.
    6. Van Long, Ngo & McWhinnie, Stephanie F., 2012. "The tragedy of the commons in a fishery when relative performance matters," Ecological Economics, Elsevier, vol. 81(C), pages 140-154.
    7. Herman Vollebergh & Jan Vries & Paul Koutstaal, 1997. "Hybrid carbon incentive mechanisms and political acceptability," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 9(1), pages 43-63, January.
    8. Tsung-Chen Lee, 2011. "Endogenous market structures in non-cooperative international emissions trading," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 16(6), pages 663-675, August.
    9. Chichilnisky, Graciela, 1998. "The economics of global environmental risk," MPRA Paper 8812, University Library of Munich, Germany.
    10. Larry Karp & Jiangfeng Zhang, 2016. "Taxes Versus Quantities for a Stock Pollutant with Endogenous Abatement Costs and Asymmetric Information," Studies in Economic Theory, in: Graciela Chichilnisky & Armon Rezai (ed.), The Economics of the Global Environment, pages 493-533, Springer.
    11. Selvaretnam, Geethanjali & Thampanishvong, Kannika, 2010. "Using Effluent Charges in Promoting Investment in Water Pollution Control Technology: A Model of Coordination Failure among Firms," SIRE Discussion Papers 2010-104, Scottish Institute for Research in Economics (SIRE).
    12. Christian Flachsland & Emily McGlynn & Jan Minx, "undated". "CITIES: Car Industry, Road Transport and an International Emission Trading Scheme – Policy Options," Reports 1, Department of Climate Change Economics, TU Berlin.
    13. Fritz Rahmeyer, 1999. "Klimaschutz durch Steuern oder Lizenzen," Discussion Paper Series 183, Universitaet Augsburg, Institute for Economics.

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