The effects of uncertainty under a cap-and-trade policy on afforestation in the United States
To combat climate change, cap-and-trade policies have been proposed and implemented in countries around the world. The stochastic carbon price that results from a cap-and-trade policy makes investment decisions in carbon mitigating and sequestering practices more complex. This letter illustrates the...
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Format: | Article |
Language: | English |
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IOP Publishing
2013-01-01
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Series: | Environmental Research Letters |
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Online Access: | https://doi.org/10.1088/1748-9326/8/4/044020 |