DMCA
1 Comparing Permit Allocation Options: The Main Points (2002)
by
Peter Bohm
| Citations: | 1 - 0 self |
BibTeX
@MISC{Bohm021comparing,
author = {Peter Bohm},
title = {1 Comparing Permit Allocation Options: The Main Points},
year = {2002}
}
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Abstract
In discussions about the policy design of domestic emission trading, e.g., when implementing the Kyoto Protocol, the two permit allocation alternatives – auctioning and allocation gratis (grandfathering) – are often pitted against each other as representing utopian cost-effectiveness and political realism, respectively. In this note, an attempt is made to extract the main points of a comparison between the two options with respect to efficiency and distribution.
