Emissions Markets
Emissions Markets
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April 29, 2022
Access the article through the University of Chicago Press.
Price-responsive supply can enhance the performance of real-world regulatory environments through an adjustment mechanism that responds instantaneously to new information about abatement costs.
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October 1, 2014
We use experiments to examine the effects of California’s greenhouse gas emissions controls, and find that they have the potential to cause higher price variability and market manipulation.