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A Note on The Kyoto Protocol, Tradeable Quotas and Firm Survival
Oleh : CATHRINE HAGEM, Kluwer
Dibuat : 2010-09-01, dengan 1 file
Keyword : Kyoto Protocol, Tradeable Quotas ,Firm Survival
There is a concern in many countries that introducing a tradeable greenhouse-gas quota system may lead to closures of emission-intensive industrial companies. Jebjerg and Lando argue in an article published previously by this Journal that shutdowns can be prevented by a generous distribution of free quotas. However, this is only true if the quotas are distributed contingent on continued production. Some of the practical problems with conditional allocation of free tradeable quotas can be avoided by letting all free quotas be non-tradeable
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