Lessons Learned from Three Decades of Experience with Cap-and-Trade

This essay provides an overview of the major emissions trading programs of the past thirty years on which significant documentation exists, and draws a number of important lessons for future applications of this environmental policy instrument. References to a larger number of other emissions trading programs that have been implemented or proposed are included.

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Year of publication:	2015
Authors:	Schmalensee, Richard ; Stavins, Robert N.
Publisher:	Milano : Fondazione Eni Enrico Mattei (FEEM)
Subject:	Market-based instruments \| Cap-and-trade \| Leaded Gasoline Phasedown \| Clean Air Act Amendments of 1990 \| Sulfur Dioxide \| Acid Rain \| Carbon Dioxide \| Global Climate Change \| European Union Emissions Trading System

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Series:	Nota di Lavoro ; 107.2015
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	850978602 [GVK] hdl:10419/130288 [Handle] RePEc:fem:femwpa:2015.107 [RePEc]
Classification:	Q54 - Climate; Natural Disasters ; Q58 - Government Policy ; Q40 - Energy. General ; Q48 - Government Policy
Source:	EconStor

Persistent link: https://www.econbiz.de/10011451177