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Principles And Practices For Trading Emission

Author

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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

Suggested Citation

  • Piciu, Gabriela Cornelia, 2011. "Principles And Practices For Trading Emission," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 15(3), pages 98-108.
  • Handle: RePEc:vls:finstu:v:15:y:2011:i:3:p:98-108
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    References listed on IDEAS

    as
    1. M. Qizilbash, 2001. "Sustainable Development: Concepts and Rankings," Journal of Development Studies, Taylor & Francis Journals, vol. 37(3), pages 134-161.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    emissions trading; profitability; internalization of the externalities;

    JEL classification:

    • Q52 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Pollution Control Adoption and Costs; Distributional Effects; Employment Effects
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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