Chapter

On Multi-period Allocation of Tradable Emission Permits

Katrin Rehdanz and Richard S. J. Tol

in The Design of Climate Policy

Published by The MIT Press

Published in print November 2008 | ISBN: 9780262073028
Published online August 2013 | e-ISBN: 9780262274500 | DOI: http://dx.doi.org/10.7551/mitpress/9780262073028.003.0013
On Multi-period Allocation of Tradable Emission Permits

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This chapter evaluates the allocation procedures of tradable emission permits. It investigates the dynamics effects of permit allocations on market behavior. The chapter also compares rolling grandfathering and technology standards, which are two alternative dynamic allocation approaches that include intertemporal transfers of permits.

Keywords: allocation; tradable emission permits; emission permits; permit allocations; market behavior; rolling grandfathering; technology standards

Chapter.  7869 words.  Illustrated.

Subjects: Climate Change

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