| 000 | 02564cam a22003617 4500 | ||
|---|---|---|---|
| 001 | w18504 | ||
| 003 | NBER | ||
| 005 | 20211020110437.0 | ||
| 006 | m o d | ||
| 007 | cr cnu|||||||| | ||
| 008 | 210910s2012 mau fo 000 0 eng d | ||
| 100 | 1 |
_aNewell, Richard G. _917524 |
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| 245 | 1 | 0 |
_aCarbon Markets: _bPast, Present, and Future / _cRichard G. Newell, William A. Pizer, Daniel Raimi. |
| 260 |
_aCambridge, Mass. _bNational Bureau of Economic Research _c2012. |
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| 300 |
_a1 online resource: _billustrations (black and white); |
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| 490 | 1 |
_aNBER working paper series _vno. w18504 |
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| 500 | _aNovember 2012. | ||
| 520 | 3 | _aCarbon markets are substantial and they are expanding. There are many lessons from experiences over the past eight years: fewer free allowances, better management of market-sensitive information, and a recognition that trading systems require adjustments that have consequences for market participants and market confidence. Moreover, the emerging international architecture features separate emissions trading systems serving distinct jurisdictions. These programs are complemented by a variety of other types of policies alongside the carbon markets. This sits in sharp contrast to the integrated global trading architecture envisioned 15 years ago by the designers of the Kyoto Protocol and raises a suite of new questions. In this new architecture, jurisdictions with emissions trading have to decide how, whether, and when to link with one another, and policymakers overseeing carbon markets must confront how to measure the comparability of efforts among markets and relative to a variety of other policy approaches. | |
| 530 | _aHardcopy version available to institutional subscribers | ||
| 538 | _aSystem requirements: Adobe [Acrobat] Reader required for PDF files. | ||
| 538 | _aMode of access: World Wide Web. | ||
| 588 | 0 | _aPrint version record | |
| 690 | 7 |
_aQ48 - Government Policy _2Journal of Economic Literature class. |
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| 690 | 7 |
_aQ54 - Climate • Natural Disasters and Their Management • Global Warming _2Journal of Economic Literature class. |
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| 690 | 7 |
_aQ58 - Government Policy _2Journal of Economic Literature class. |
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| 700 | 1 |
_aPizer, William A. _927335 |
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| 700 | 1 | _aRaimi, Daniel. | |
| 710 | 2 | _aNational Bureau of Economic Research. | |
| 830 | 0 |
_aWorking Paper Series (National Bureau of Economic Research) _vno. w18504. |
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| 856 | 4 | 0 | _uhttps://www.nber.org/papers/w18504 |
| 856 |
_yAcceso en línea al DOI _uhttp://dx.doi.org/10.3386/w18504 |
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| 942 |
_2ddc _cW-PAPER |
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| 999 |
_c329606 _d288168 |
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