Updating the Allocation of Greenhouse Gas Emissions Permits in a Federal Cap-and-Trade Program

Meredith Fowlie, The Design and Implementation of US Climate Policy (University of Chicago Press, 2011), chap. 10, https://www.nber.org/books-and-chapters/design-and-implementation-us-climate-policy/updating-allocation-greenhouse-gas-emissions-permits-federal-cap-and-trade-program.