Suppose that marketable emissions permits are sold by competitive auction. Suppose also that an environmental protection interest

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Suppose that marketable emissions permits are sold by competitive auction. Suppose also that an environmental protection interest group or NGO is seeking to purchase some emissions permits and that, if successful, it would retire them, thus reducing the total quantity of permits in existence. Should the EPA allow such bids?

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Natural Resource And Environmental Economics

ISBN: 9780321417534

4th Edition

Authors: Roger Perman, Yue Ma, Michael Common, David Maddison, James McGilvray

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