Now showing items 1-3 of 3

    • Designing a U.S. Market for CO2 

      Parsons, John E.; Ellerman, A. Denny; Feilhauer, Stephan M. (Stephan Marvin) (MIT Joint Program on the Science and Policy of Global Change, 2009-02)
      In this paper we focus on one component of the cap-and-trade system: the markets that arise for trading allowances after they have been allocated or auctioned. The efficient functioning of the market is key to the success ...
    • The European Carbon Market in Action: Lessons from the First Trading Period Interim Report 

      Convery, Frank; Ellerman, A. Denny; De Perthuis, Christian (MIT Joint Program on the Science and Policy of Global Change, 2008-06)
      The European Union Emissions Trading Scheme (EU ETS) is the largest greenhouse gas market ever established. The European Union is leading the world's first effort to mobilize market forces to tackle climate change. A precise ...
    • The EU’s Emissions Trading Scheme: A Prototype Global System? 

      Ellerman, A. Denny (MIT Joint Program on the Science and Policy of Global Change, 2009-02)
      The European Union's Emission Trading Scheme (EU ETS) is the world's first multinational cap-and-trade system for greenhouse gases. As an agreement between sovereign nations with diverse historical, institutional, and ...