NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
loading...

Lessons Learned from Three Decades of Experience with Cap-and-Trade

Richard Schmalensee, Robert Stavins

NBER Working Paper No. 21742
Issued in November 2015
NBER Program(s):Environment and Energy Economics

This essay provides an overview of the major emissions trading programs of the past thirty years on which significant documentation exists, and draws a number of important lessons for future applications of this environmental policy instrument. References to a larger number of other emissions trading programs that have been implemented or proposed are included

download in pdf format
   (160 K)

email paper

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w21742

Published: Richard Schmalensee & Robert N. Stavins, 2017. "Lessons Learned from Three Decades of Experience with Cap and Trade," Review of Environmental Economics and Policy, vol 11(1), pages 59-79. citation courtesy of

Users who downloaded this paper also downloaded* these:
Goulder and Schein w19338 Carbon Taxes vs. Cap and Trade: A Critical Review
Heutel, Moreno-Cruz, and Ricke w21711 Climate Engineering Economics
Chan, Chupp, Cropper, and Muller w21383 The Impact of Trading on the Costs and Benefits of the Acid Rain Program
Borenstein, Bushnell, Wolak, and Zaragoza-Watkins w20999 Expecting the Unexpected: Emissions Uncertainty and Environmental Market Design
Sachs and Warner w5398 Natural Resource Abundance and Economic Growth
 
Publications
Activities
Meetings
NBER Videos
Themes
Data
People
About

National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us