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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Bibliographic Details
Main Author: Jerome Dumortier
Format: Article
Language:English
Published: IOP Publishing 2013-01-01
Series:Environmental Research Letters
Subjects:
Online Access:https://doi.org/10.1088/1748-9326/8/4/044020

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