On emissions trading and market structure: cap-and-trade versus intensity standards

This paper examines the interdependence between imperfect competition and emissions trading. We particularly analyze the long run equilibrium in a two-sector ("clean" and "dirty") model with Cournot competition among firms who face a fixed cost of production. The clean sector is...

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Bibliographic Details
Main Authors: De Vries, Frans P., Dijkstra, Bouwe R., McGinty, Matthew
Format: Article
Published: Springer 2014
Subjects:
Online Access:https://eprints.nottingham.ac.uk/48766/