NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

The Effect of Allowing Pollution Offsets With Imperfect Enforcement

Hilary Sigman, Howard F. Chang

NBER Working Paper No. 16860
Issued in March 2011

---- Acknowledgements -----

Prepared for the session on "Critical Issues in National Climate Policy Design" organized by Robert Stavins at the American Economic Association Annual Meetings, Denver, 2011. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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