Emissions trading and profit-neutral grandfathering

Emissions trading and profit-neutral grandfathering

Diğer sürümleri göster (1)

This paper examines the amount of grandfathering needed for an emissions trading scheme (ETS) to have a neutral impact on firm profits. We provide a simple formula to calculate profit-neutral grandfathering in a Cournot model with firms of different sizes and a general demand function. Using this fo...

Detaylı Bibliyografya
Asıl Yazarlar:	Hepburn, C, Quah, J, Ritz, R
Materyal Türü:	Working paper
Baskı/Yayın Bilgisi:	University of Oxford 2006

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