Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
10487674 | Energy Policy | 2011 | 8 Pages |
Abstract
⺠Price floors for emissions trading schemes guarantee a minimum carbon price. ⺠Price floors mean that emissions can be less than specified by the ETS cap. ⺠We examine how price floors can relate to different policy objectives. ⺠We compare different mechanisms for implementing a price floor. ⺠We find that a mechanism where there is an extra tax or fee has advantages.
Keywords
Related Topics
Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
Peter John Wood, Frank Jotzo,