Ishikawa, Jota; Kiyono, Kazuharu; Yomogida, Morihiro - Center for Research on Contemporary Economic Systems, … - 2011
explore the effects of domestic and international emission trading under free trade in goods. Whereas domestic emission … emission trading may induce North to expand the production of the emission-intensive good by importing emission permits …. Emission trading may deteriorate global environment. North’s (South’s) emission trading may not benefit South (North …