NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Buy coal? Deposit markets prevent carbon leakage

Bård Harstad

NBER Working Paper No. 16119
Issued in June 2010

---- Acknowledgements -----

I have benefitted from the comments of Rolf Golombek, Michael Hoel, Garrett Johnson, Peter Klibanoff, Benny Moldovanu, Rob Porter, Jean Tirole, and several seminar participants. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.

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