Question
What is a cap and tradesystem? Conceptually, how does it resemble/differ from a conventional quantity regulation? Conceptually, how does it resemble/differ from a pollution tax?
What is a cap and tradesystem? Conceptually, how does it resemble/differ from a conventional quantity regulation? Conceptually, how does it resemble/differ from a pollution tax? Givean example of where cap and trade has been used? What do you know about the effectiveness of that deployment?
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Technical Change, Relative Prices, And Environmental Resource Evaluation
Authors: V Kerry Smith
1st Edition
1317358570, 9781317358572
