Auctioning of EU ETS Phase II Allowances: How and Why?
The European Directive on the EU ETS allows governments to auction up to 10% of the allowances issued in phase II 2008-2012, without constraints being specified thereafter. This article reviews and extends the long-standing debate about auctioning, in which economists have generally supported and in...
Main Authors: | , , , , |
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Format: | Journal article |
Language: | English |
Published: |
2006
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