Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5055411 | Economic Modelling | 2011 | 8 Pages |
Abstract
⺠Sequestration and permit markets are jointly analyzed in a competitive fringe model. ⺠Numerical analysis demonstrates the determination of allocations and carbon prices. ⺠The carbon price responds positively to an increase in the fringe's marginal cost. ⺠The price responds negatively to a decrease in the dominant firm's marginal cost. ⺠Higher polluting-firm abatement allocations induce higher fringe sequestration.
Keywords
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Authors
Arthur J. Caplan,