English, Article, Journal or magazine article edition: Tradable emission permits in a federal system Harrie A.A. Verbon; Cees A. Withagen

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Bookmark: http://trove.nla.gov.au/version/160541
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Tradable emission permits in a federal system
Author
  • Harrie A.A. Verbon
  • Cees A. Withagen
Physical Description
  • preprint
Notes
  • RePEc:ces:ceswps:_1482
  • A system of tradable permits in the standard setting is effective in attaining the policy objective with regard to pollution reduction at the least cost. This outcome is challenged in case of a tradable permit system in a federal state with individual states having discretionary power regarding environmental policy and where pollution is transboundary across states. This paper explores the opportunities of the central authority to influence the effectiveness of the system, under different institutional arrangements, through the initial allocation of permits
  • tradable permits, trade bans, fiscal federalism.
  • RePEc:cea:doctra:e2004_83
Language
  • English
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