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Tradable Permits for Greenhouse Gases

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Published in Bill Freedman. Global Environmental Change: Springer Science+Business Media Dordrecht. 2014, p. 533-541
Abstract Reducing greenhouse gases emissions to address global warming implies high costs for all economic sectors. These costs can be reduced by introducing some compliance flexibility, allowing the trade of emission permits. However, the design of emission trading schemes is key to their effectiveness, i.e., their ability to reduce a pollution at a lower cost compared to traditional command and control policies.
Keywords Climate changeKyoto ProtocolGreenhouse gasesTradable permitsFlexible mechanismsCarbon tradingEnvironmental governance
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ISBN: 978-94-007-5785-1
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Book chapter (Published version) (140 Kb) - document accessible for UNIGE members only Limited access to UNIGE
Other version: http://www.springer.com/us/book/9789400757837
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FERRIER, Catherine. Tradable Permits for Greenhouse Gases. In: Bill Freedman (Ed.). Global Environmental Change. [s.l.] : Springer Science+Business Media Dordrecht, 2014. p. 533-541. https://archive-ouverte.unige.ch/unige:77442

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Deposited on : 2015-11-22

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