scholarly journals The Impact of the European Union Emissions Trading Scheme on Regulated Firms: What Is the Evidence after Ten Years?

2016 ◽  
Vol 10 (1) ◽  
pp. 129-148 ◽  
Author(s):  
Ralf Martin ◽  
Mirabelle Muûls ◽  
Ulrich J. Wagner
2012 ◽  
Vol 19 ◽  
pp. 36-41 ◽  
Author(s):  
Robert Malina ◽  
Dominic McConnachie ◽  
Niven Winchester ◽  
Christoph Wollersheim ◽  
Sergey Paltsev ◽  
...  

2008 ◽  
Vol 26 (5) ◽  
pp. 938-953 ◽  
Author(s):  
David Toke

The appropriateness and importance of market-based environmental governance systems vary according to different cases. Although so-called ‘market trading’ regimes can be useful in some circumstances, a false belief in the inevitability of their cost-effectiveness compared with so-called ‘command and control’ systems has allowed policy distortions to occur. So-called ‘command and control’ policies are being underemphasised, despite the fact that they may achieve reductions in carbon emissions that are cheaper than those likely to be achieved through emissions (or ‘certificate’) trading regimes. I address theoretical arguments which I then place in context with analysis of some features of the British Renewables Obligation and the European Union Emissions Trading Scheme.


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