期刊
JOURNAL OF REGULATORY ECONOMICS
卷 37, 期 3, 页码 316-325出版社
SPRINGER
DOI: 10.1007/s11149-010-9116-1
关键词
Emissions trading; Green quotas; Overlapping regulation
类别
Tradable black (CO2) and green (renewables) quotas gain in popularity and stringency within climate policies of many OECD countries. The overlapping regulation through both instruments, however, may have important unintended consequences. Based on theoretical analysis we show that a green quota imposed on top of a black quota promotes power production by the dirtiest technologies as compared to a black quota regime only.
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