Role of Auctions in Emission Allowance Allocations for Greenhouse Gases
Book Details
Format
Hardback or Cased Book
ISBN-10
1607416999
ISBN-13
9781607416999
Publisher
Nova Science Publishers Inc
Imprint
Nova Science Publishers Inc
Country of Manufacture
US
Country of Publication
GB
Publication Date
Aug 1st, 2010
Print length
106 Pages
Weight
300 grams
Dimensions
22.70 x 15.70 x 1.30 cms
Product Classification:
Energy industries & utilities
Ksh 19,250.00
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When designing a cap-and-trade program, one of the more controversial and challenging questions for policymakers is how, to whom, and for what purpose to distribute the emission allowances. Although the emission allocation method would not affect the environmental integrity of the cap-and-trade program, the selected allocation strategy could have considerable consequences. Using auctions as a distribution method could avoid certain concerns that are likely to occur if covered sources receive all (or most) of the allowances at no cost. Auction revenues offer a unique opportunity to reduce the overall costs of the emissions program. This book examines the options and considerations in the emission allowance allocation in a cap-and-trade program.
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