Journal title ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT
Author/s Michel Damian
Publishing Year 2014 Issue 2014/1 Language English
Pages 9 P. 53-61 File size 127 KB
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This commentary discusses the opinion piece published on 1 June 2014 by Professor Robert Stavins in The New York Times. Professor Robert Stavins argues that "The Only Feasible Way of Cutting Emissions" is to set up a market for tradable permits. We review and criticize his mains arguments. Our purpose here is not to deny the possibility of carbon trading, but to call for a realistic assessment of the deployment of cap-and-trade systems and their limitations.
Keywords: Cap-and-trade, Command and control, Lead in gasoline, SO2 emissions, California AB32, Climate Change
Jel codes: H23, Q54, Q58
Michel Damian, Robert stav ins on the carbon-pricing regime, the New York times , 1 june 2014: dodgy arguments in "ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT" 1/2014, pp 53-61, DOI: 10.3280/EFE2014-001003